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USDA Could Raise Soybean Output and Usage
date:Nov 08, 2012
u./acre and 39.1 bu., respectively, compared with USDAs October estimate of 37.8 bu.

An increase of that magnitude in U.S. production would significantly ease supply concerns, although it would likely be partially offset by a further increase in USDAs demand projections.

Overall, trade soybean production expectations are not as bearish, averaging 2.891 billion bushels in a range from 2.720 billion to 2.959 billion, according to a survey of 21 analysts done by Dow Jones Newswires. That survey s

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