World soybean stockpile to shrink in year ahead

Adverse weather in South America – harvest-time rain in Argentina and drought in Brazil – will reduce the global soybean crop by 1.5 percent in the current crop year, says the International Grains Council. In its monthly Grain Market Report, the IGC estimated the 2015/16 soybean crop at 318 million tonnes, slightly lower than the… » Read More

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