Soybean inventory expected to tighten slightly

Traders expect the USDA to lower by 2 percent its forecast of the U.S. soybean stockpile today in its monthly WASDE report. At the moment, supplies are projected to be the largest in eight years, at 385 million bushels, the result of a record-setting harvest last fall. Exports have been running ahead of USDA projections, so the… » Read More

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