date:Nov 07, 2012
ion tomorrow. Traders noted that commercial and end user buying was active on the setback today as the US continues to export soybeans at a staggering pace.
Export inspections for the week ending November 1st were reported at 59.4 million bushels vs. 63.3 last week. Only 17 million bushels are needed each week to reach this crop years USDA export estimate.
Cumulative export inspections are 33 per cent of the current USDA export goal vs. the 5 year average of 19 per cent. The weaker tone in f