Todd's Take
Todd Hultman DTN Grains Analyst
Tue Apr 21, 2015 06:59 AM CDT

So far in 2015, there hasn't been much challenge to the bearish narrative for soybeans. Prices have been trending steadily lower, pressured by the progress of record soybean harvests in Brazil and Argentina. USDA's early estimate that U.S. soybean plantings will total a record high 84.6 million acres is another bearish weight on prices.

Much about 2015 will depend on weather and Friday's article from DTN Senior Ag Meteorologist Bryce Anderson points to possible higher-than-trendline yields for corn and soybeans, thanks to the return of El Nino this summer.* Warm waters in the Pacific Ocean tend to bring cooler and ...

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