date:Nov 14, 2012
the US market.
The larger issue, however, surrounds the pace of domestic feed and residual consumption. The USDA's estimate of December 1, 2012 stocks to be released on January 11 will provide some much needed clarity to the rate of consumption in the last quarter of the 2011-12 marketing year and the first quarter of the 2012-13 marketing year. For soybeans, the National Oilseed Processors Association estimate of the size of the October crush is expected to be released later this week. That e