September 16, 2009

Importing countries are certainly taking a liking to current U.S. soybean prices, a fact reflected in USDA’s Sept. 11 World Supply and Demand Estimate forecasting record U.S. exports this marketing year.

According to USDA, increased supplies and lower projected prices will lead to a 15 million bushel increase in U.S. soybean exports to a record 1.28 billion bushels.

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