Soybean outlook keeps $12 price projection alongside record yield
Southern Ag Today examines USDA’s October soybean forecast and its $12.00 per bushel season-average price projection.
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The article lists a yield forecast of 53.1 bushels per acre. Carryout is projected at 315 million bushels. It discusses projected soybean crush and exports alongside the price forecast.
Key takeaways
1 things worth knowing
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USDA projects soybean crush at 2.78 billion bushels.