NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Tue Jul 28, 2015 11:20 AM CDT

GENERAL COMMENTS:

Soybeans took a big hit for much the same reason corn did; favorable weather ahead and a weakening China economy possible, causing U.S. soybean exports to slow. After the close, the USDA left the good to excellent rating for soybeans last week at 62%, which is down from the one year ago rating of 71%. The trade was expecting the USDA to show a 1 to 2 percentage point bump in the good to excellent ratings in Monday's report. Abiove, Brazil's crush industry group said it has estimated 2014-15 soybean exports at 50.2 million metric tons, which is ...

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