EXTERNAL EXPANSION LIMITED

EXTERNAL EXPANSION LIMITED
OPENING NEW MARKETS
Showing posts with label usda. Show all posts
Showing posts with label usda. Show all posts

Wednesday 26 November 2014

#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)

External Expansion, www.externalexpansion.net,

Tuesday 1 July 2014

Soybean Acreage, Corn Stocks Numbers Sharply Bearish -- USDA

Jeff Caldwell 06/30/2014 @ 11:05am Multimedia Editor for Agriculture.com and Successful Farming magazine. (Click here to complete new)

U.S. farmers have planted a whale of a soybean crop this year, and if that crop reaches fruition, it'll keep the bears fed for some time, analysts and traders say after soaking up Monday's USDA Quarterly Grain Stocks and June Acreage reports.
USDA pegged soybean acres for 2014 11% higher than last year at 84.8 million. That's more than 2 million higher than previous trade estimates, analysts say...