September 12, 2003



Soybean Rationing Needed After Bullish USDA Data; Prices Expected to Rise


The surprisingly bullish data on U.S. 2003-04 soybean production in Thursday's U.S. Department of Agriculture report is a signal that the U.S. will need to ration soybean demand.


In November, soybean prices could reach $6.25 to $6.50, according to the Data.


Source: USDA

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