Year-ending stocks of soybeans will be quite large and for soybean prices to continue to increase a stronger-demand environment will have to emerge or conditions will have to point to a much smaller U.S. soybean crop in 2016.
It appears that combined acreage of corn and soybeans needs to increase about 6.5 million acres in 2011 to allow for some modest rebuilding of U.S. inventories.
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