Soybean News

The latest soybean commodity market news and insights for soybean producers and agribusiness.
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USDA Weekly Export Sales Report highlights.
Key figures from this morning’s reports.
Soybean sales were well below expectations.
FAPRI provides baseline projections to Congress.
Corn and wheat sales matched expectations.
Soybean export sales disappointed, wheat sales were within expectations.
Soyoil and soymeal export sales were also above expectations.
Corn exports a marketing year high at 1,300,800 MT.
China buys corn; wheat sales below expectations.
Digest of this morning’s key figures.
Soybean exports top 1 million metric tons.
Soybean sales below expectations.
Crop receipts are expected to rise over 16% in 2011.
30-day outlook calls for below-normal precip and above-normal temps across Central & Southern Plains.
Cotton sales to China again bulk of weekly total.
Report highlights
Corn and wheat sales below expectations.
Says additional rains have helped, but more are needed.
Expect La Nina to peak in November-January.
Wheat and soybean sales come in below expectations.
Active weather pattern around next 10-plus days.
Rains in the forecast for Midwest, helping to alleviate drought.
Beef and cotton sales improve on last week’s pace.
Markets have positive financial news to digest today.
As expected, leaves federal funds rate unchanged.
Beef sales slightly below last week’s level.
30-day outlook calls for below-normal precip across Central & Southern Plains
Showers also benefit crops in Australia.
Still a lot of rain is needed to end the long-lasting drought in the Southern Plains.
Soybean sales within expectations.
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