Soybeans Futures PricesTue, Dec 10th, 2013
Latest Brugler Soybeans Report
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Soybeans futures are trading 5 cents lower to 3 cents higher at midday. The trade was higher across the board earlier in the session but some selling pressure has come in after the WASDE report was released at 11am. The average trade estimate called for US ending stocks (13/14) of 153 mbu, which was lower than the November figure of 170 mbu. USDA put the actual figure at 150mbu. World ending stocks were estimated at 71.42 MMT, slightly higher than the November figure of 70.23 MMT. USDA put the actual figure at 70.62 MMT.
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