An agriculture economist says the soybean market will depend heavily on
export demand. Whittling down the USDA’s estimated 620 million bushels of
soybean ending stocks will require some aggressive sales, according to Todd Hubbs
at the University of Illinois.

“While crush is strong,” Hubbs told Brownfield Ag News Tuesday, “to see a
stronger consumption number it’ll have to come from exports.”

A weather premium has evaporated from the market, said Hubbs, who is counting
on a traditional U.S.

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