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Old-Crop, New-Crop Soybean Demand

2013-07-29 22:42:00| Corn & Soybean Digest

Source: University of Illinois farmdocDaily The recent sharp break in old-crop soybean prices and basis indicates that the market believes that supplies will be fully adequate until the harvest of the new soybean crop begins in six or seven weeks. For that to be the case, the domestic crush in July and August would have to be down sharply from the level of crush last year and sharply below the pace in June of this year. read more

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Category:Agriculture and Forestry

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