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Cereals and grains.

Publication: The Food Institute Report
Publication Date: 19-OCT-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Cereals and grains.(CEREALS AND GRAINS)(Statistical table)

Article Excerpt
SOYBEANS--Soybean production is forecast at a record 3.250 billion bushels, up five million from last month based on higher yields. The soybean yield is projected at 42.4 bushels per acre, up 0.1 bushels from the previous estimate. Total soybean supplies are forecast up 32 million bushels due to increased crop production and beginning stocks. Soybean exports are raised 25 million bushels to 1.305 billion due to increased supplies, lower prices, and increased global import demand, mainly for China. Soybean ending stocks are projected at 230 million bushels, up 10 million from last month. Prices for soybeans and soybean meal are projected lower for 2009/10. The U.S. season-average soybean price range is projected at $8.00 to $10.00 per bushel, down 10 cents on both...

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