date:May 26, 2016
eigh on the prices of many commodities.
However, the bank also forecast that the US soybean crop will beat the US Department of Agricultures estimate of 3.80bn bushels by nearly 100m bushels, thanks to the incentive from higher prices to boost sowings.
The soybean-corn price ratio, which moved up all the way to 2.8:1, should support soybean plantings, Rabobank said, forecasting that US stocks will grow to 465m bushels over 2016-17 rather than falling to 305m bushels as the USDA has predic