date:May 26, 2016
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The bank hiked in particular its forecasts for Chicago soybean futures, by up to $1.05 a bushel, now seeing them end the year at about $9.70 a bushel, with factors such as wetness which has prompted downgrades to Argentinas harvest, and the knock-on effect in boosting demand for US supplies.
Demand for US soybean exports and crush has increased recently, Rabobank said, flagging a steep increase in soymeal futures, which are at their hig