date:Sep 17, 2012
Brazil as growers start sowing their main soybean crop.
And even immediately after harvest, prices will be moderated by the portion of the crop that was sold forward last spring, when values were much lower than they are now, near $17 per bushel, the USDA report said.
'Price averages will strengthen'
However, prices look set to recover when this coverage from forward sales runs low.
Monthly price averages will strengthen once farm deliveries are predominantly cash sales, the briefing said,