date:Oct 13, 2012
:42 a.m. on the Chicago Board of Trade, leaving prices down 1.1 percent this week. The oilseed has dropped 14 percent since reaching a record $17.89 a bushel on Sept. 4 as the worst U.S. drought in half a century cut production to the lowest since 2008.
Brazil, set to overtake the U.S. as the worlds largest soybean exporter, may produce a record 81 million tons this year, while Argentina may harvest 55 million tons, an all-time high, according to the USDA. Northern growing areas in Brazil may h