Early Cut To Soy Stocks Signals Further Tightening Ahead

CHICAGO — The U.S. government’s quick cut to its domestic soybean stocks forecast suggests that supplies, currently under pressure from rising export demand, will remain tight for more than a year.The U.S. Agriculture Department earlier this month lowered its outlook for 2016/17 U.S. soybean ending stocks by 14.8 percent to 260 million bushels.

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Topics:  Iowa   Linn County   Cedar Rapids   
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