Market Matters Blog
Katie Micik DTN Markets Editor

Tuesday 12/17/13

The Long View on Soybean Supplies
U.S. growers are likely to increase soybean acreage next year, and with South America expected to produce a huge crop, U.S. farmers could find soybean's balance sheet looks like corn's at the end of the next growing season.[Read Full Blog Post]
Posted at 11:31AM CST 12/17/13 by Katie Micik | Post a Comment
Comments (2)
I've been saying this for quite some time and maybe I say it because in Ontario Canada, its even more so. Our corn is some of the cheapest in North America and soybeans represent a way out of that. However, there is much muddy water ahead and production in South America key. Of course looking ahead, the North American production season means everything too. More of the same, yes, but it isn't about corn anymore. The market is screaming out for soybeans
Posted by Philip Shaw at 8:07AM CST 12/18/13
About South America, (mainly Brazil) all I heard last year was how many cargo ships were waiting in line to get loaded. (weeks & even months) We know they can produce beans, and a lot of them. Why isn't the focus more on what their ports can handle and not so much on the amount they produce. What does it matter if they produce 5 billion or 10 billion bushels if their ports can only ship out 4 billion and if buyers can't get supplies when they want or need them.
Posted by KEITH FISCHER at 6:10AM CST 12/19/13
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