date:Sep 17, 2012
ecord-high prices and reduced globalsupplies cut demand in the world's top importer of the oilseed.
The USDA in its closely watched report estimated this year'sU.S. soybean harvest at 2.634 billion bushels, down from lastmonth's estimate of 2.692 billion and below analysts' averageestimate of 2.657 billion.
Ending soybean stocks next summer were forecast to be thelowest in nine years at 115 million bushels, unchanged from theAugust estimate.
The U.S. corn harvest was forecast at 10.727 billi