Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 3/19/18



Recent adjustments to soybean export projections raise concerns about increased ending stocks this marketing year. Export projections for soybeans put forth by the USDA reflected recent market information associated with export pace and foreign export potential. Despite drought conditions in Argentina, the prospect for a continued weakening of exports exists. Soybean export pace needs to pick up to avert a scenario leading to growing ending stocks during the remainder of the marketing year.  

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