#USA: #Soybean #StocksFall Way Below #TradeEstimates -- #USDA

There are far fewer soybeans stored around the U.S. right now than the trade expected, if USDA's data Tuesday is any indication.

In the agency's quarterly Grain Stocks report, USDA pegged old-crop soybean stocks as of September 1 at 92.0 million bushels, down 35% from a year ago. This falls well short of the average trade analyst estimate of 126 million heading into Tuesday's report. The range for soybean stock estimates was 100 to 150 million bushels, making USDA's 92 million-bushel number sharply bullish... (Read more)

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#USA: #Soybeans End Higher, #Corn Lower

Soybeans End Higher, Corn Lower

DES MOINES, Iowa (Agriculture.com)-- With the governmental data showing big crops ahead, a bearish tone ruled the CME Group's corn, soybean and wheat markets Friday. Soybeans did find a buyer to be able to close slightly higher... (Read more)

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