The growth conditions for soybeans in the medium vest in the United States are fantastic. Daily outperform the market observers with new record estimates, because in the coming two days, the weather should be perfect.
Yesterday the crop were left by the USDA conditions good/excellent (g/e) for soybeans on the record of 72%. The analysts in advance were assumed also. Field inventory valuation on this date last year amounted to 63% g/e.
A strong foreign demand based prices on the spot market, the derivatives exchange CBoT prices give this morning but.
In the past week, exporters were able to sell 961.414 tons of U.S. soybeans. The estimates to templates in advance for 650,000 to 850,000 tons.