National Ag News
Nelson: soybean exports not as good as reported
Jan 2, 2018, 17:28 PM
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Allendale market analyst Rich Nelson says it’s likely the USDA will lower its U.S. soybean export total for 2017. USDA’s soybean 2017 export goal is 2.225 billion bushels. If achieved, it’s two percent more than last year’s record.
“We do think that USDA will probably take off at least 50 million bushels on this coming January 12th report,” Nelson told Brownfield Ag News Tuesday from his office in Chicago. “[That’s] different than corn, where you can say that export sales will be more than offset with higher domestic usage.
Continue reading Nelson: soybean exports not as good as reported at Brownfield Ag News.
