NEWS
Winter Weather Outlook - 2
Bryce Anderson DTN Ag Meteorologist and DTN Analyst
Mon Jan 6, 2014 06:23 AM CST

OMAHA (DTN) -- U.S. soybean production hit a record 3.36 billion bushels in 2009, and came close to matching that with 3.33 bb in 2010. This year, U.S. production will again be near that 2010 production mark.

That's a lot of production, but that's where Brazil's soybean crop is headed this season; it's projected in the trade as high as 90 million metric tons or 3.3 billion bushels. That will mean two huge crops in the Western Hemisphere to be marketed within the same production cycle.

Add in a projected Argentina soybean crop size of around 55 mmt, or the ...

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