date:Jul 25, 2012
time, outstanding export sales for the upcoming marketing year are 70 percent larger than sales of a year ago and already account for one third of the USDAs export projection for the year. Export demand will ultimately depend on Chinas appetite for soybeans and the size of the South American crop next year.
November 2012 soybean futures increased by 36 percent from the low on June 4 to the high of $16.915 on July 23, Prospects for more normal precipitation levels in some northern and eastern