date:Jul 25, 2013
st half August shipment slot.
There was some talk that the Chinese intended on releasing 3 million tonnes of inventory out of reserves to their domestic market for crushers but no confirmation has been made. The move could spark some export sales cancelations or mean that open old crop sales with the US are rolled into the 13/14 marketing year.
Weather is seen as a negative force for the new crop soybean market after steady rainfall fell in central IA, southern WI, and northern IL in the last