Tight soybean stocks support prices
Story Date: 3/20/2014

Source: FARM FUTURES, 3/20/14

In the man bites dog department this morning, news that China wants to sell soybeans to the U.S. is keeping prices firm in the face of selling pressure across most markets. U.S. soybean stocks are expected to be very tight this summer, and China appears to have overbooked earlier purchases as processor margins there plummet. 

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