Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 9/11/17



The 2016-17 marketing year for soybeans closed with strong consumption in soybean crush and export numbers. USDA's current estimate of 370 million bushels for the 2016-17 marketing year soybean ending stocks may be lowered due to the stronger than expected finish in consumption. Despite the recent strength in soybean consumption, the current focus is squarely on the level of production for the 2017 soybean crop and, in particular, national yield potential. 

For more of this story, click here.