Monday, 30 September 2013
Chicago Soybeans Crash To 19-Month Low
Posted on 23:54 by Unknown
30/09/13 -- Soycomplex: Having steadfastly stood by a 2012/13 US soybean carryout estimate of 125 million bushels for months, the USDA decided to go one better and increase that number today, coming out with a new figure of 141 million versus the 124 million average trade guess. They managed to do that courtesy of an increase in production last year, thanks to higher harvested acres and a 0.2 bu/
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