A soybean over supply is shaping up
Story Date: 7/19/2018

 

Source: CORN AND SOYBEAN DIGEST, 7/17/18


Soybean bulls are pointing to continued strong demand and U.S. crop conditions starting to pull back a bit. The market had a tough time holding the overnight gains so it will be interesting to see how we close today. June's monthly NOPA crush data released yesterday showed another round of records for the U.S. soybean crush. The June data showed just over 159.2 million bushels were crushed, which stomped all over the previous June record...

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