Analysts are anxious to see what number the USDA gives soybean carryout when the December supply and demand estimates are released tomorrow.
Karl Setzer with AgriVisor LLC says trade guesses range from 120 to 190 million bushels.
“I’ve got a feeling that is probably where we’re going to fall, if we see a decline at all. I don’t think it’s going to be substantial.”
The November carryout was 190 million.