Todd's Take
Todd Hultman DTN Grains Analyst
Tue May 19, 2015 08:20 AM CDT

So far in 2015, the news for soybeans has been consistently bearish and prices have been sliding lower. Last week, soybeans took two more bearish hits after USDA estimated 500 million bushels of U.S. ending stocks for 2015-16 and Informa Economics followed with a larger planting estimate of 87.2 million acres.

Last week's news came on the heels of this year's record soybean crops from Brazil and Argentina. If all that were not bearish enough, most growing areas across the central U.S. have received plenty of rain since April, a good start for soybeans that were 45% planted, USDA reported ...

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