NEWS
Large Global Soy Supplies? Malarkey!
Todd Hultman DTN Grains Analyst
Thu Feb 20, 2014 07:08 AM CST

According to USDA's February WASDE report, global ending stocks of soybeans will total 73 million metric tons, or 2.683 billion bushels, in 2013-14, the most ever. Nearly every discussion of soybeans in the media lately refers to large bearish amounts of soybean supplies in South America to the point that it is now considered common wisdom. However, before we give up all hope on the outlook for new-crop soybeans, I have a nagging question. If there are so many soybeans in South America, why has China bought 1.03 billion bushels of soybeans from the U.S. since November and virtually none ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
DTN's Quick Takes
DTN Technically Speaking Blog
DTN Closing Grain Comments
DTN Midday Livestock Comments
Shaw: Under the Agridome
DTN Midday Grain Comments
Informa Sees Beans Acres Gaining
DTN Before The Bell Grain Comments
Newsom on the Market
DTN Early Word Opening Livestock