CROPS NEWS
IGC Revises 2012-13 Soybean Output
Fri Nov 30, 2012 03:51 PM CST

(Dow Jones) -- The London-based International Grains Council Friday revised up its forecast for global soybean output in the current marketing year due to higher-than-expected yields in the U.S. and an expected record crop in South America.

Global soybean output is forecast to rise 12% to 267 million tons in the 2012-13 marketing year that began Oct. 1, the council said in a report. The council revised up its forecast for this marketing year by 3 million tons.

Soybean futures on the Chicago Board of Trade hit a record in September due to successive droughts in South America and the ...

Quick View
Related News Stories
DTN Distillers Grain Weekly Update
Crop Tech Corner
GE Critics Range as Skeptics
Keep Your Cover Crops Legal
Grain Storage Pests
Ask Dr. Dan
Farming on the Mother Road - 10
Crop Tech Corner
Kub's Den
Get In the Mode