13.
05.15
07:11

Soybean: Despite shrinking U.S. production to increase the closing stock by 43%

After the yesterday's USDA report, the rates declined for U.S. soy beans 18 ct / bushel or by 1.9%. That was the biggest one-day drop since January 12. This morning get the courses as a result of profit-taking. Analysts in the United States see a surge in the closing stock. Soybeans from U.S. exporters will get to feel the competition from South America in the coming season.
The first estimate for the upcoming Vermarktungssaison see an end stock of 500 million bushels U.S. Department, there were only 350 million bushels in 2014/15. This corresponds to an increase of 43%, although the production in the United States is falling.

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