Market Wrap

Trend remains bearish as US harvest gathers pace

Friday, September 05, 2014

The general trend remains a bearish one as soybean harvest in the US gathers speed, which should see farmers sell soybeans at current relativities to corn. There is the potential for the initial new crop soybean period to still be impacted by old crop tightness but the likelihood remains that demand should ultimately succumb to the overwhelmingly large supply that is on the way. GrainCorp Market Wrap 04 09 2014  

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