date:Nov 07, 2012
e than the unUSually small crUSh in September 2011. For the year, the USDA has forecast the crUSh to be 163 million bUShels less than crUShed last year. Like exports, the domestic crUSh this year will be limited by a smaller supply.
Based on the October production forecast, the current pace of consumption of US soybeans clearly cannot be maintained. Prices have not increased in an attempt to slow the pace of consumption for at least two reasons. First, the market anticipates that the US. harve