A Look at New-Crop Soybeans
Todd Hultman DTN Grains Analyst
Tue Jun 3, 2014 06:30 AM CDT

USDA is expecting the U.S. to produce a record high 3.635 billion bushels of soybeans this fall and, so far, those plans are on track. USDA said on June 2 that 78% of the soybean crop was planted and 50% of it had emerged, close to the five-year average pace. If the 2014-15 season closed in line with USDA's May estimates, U.S. ending stocks at 9.6% of annual use would be significantly higher than the current season's record low of 3.8% and correspond historically with March 2015 soybean prices at roughly $11.65 a bushel. Actual market prices can diverge a ...

Quick View
Related News Stories
Exporters Report Soybean Sale
USDA Cuts US Soy Exports Estimate
Exporters Report Soybean Sale
Brazil Forecasts Record Soy Crop
Exporters Report Soybean Oil Sale
Brazil Planting Edges Forward
USDA Restarts Soybean Crush Reports
Exporters Report Soybean Sale
Todd's Take
Exporters Report Soybean Sales