November 18, 2012
| Posted in Seeding & Planting
Source: By Darrel Good, Agricultural Economist, University of Illinois
The USDA’s November forecasts of the size of the 2012 U.S. corn and soybean crops were larger than expected, particularly for soybeans. As a result, the general downtrend in soybean prices since mid-September has accelerated, with January futures now at the lowest level since June 29.
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