Some hi-lites about Soybeans. Click here for complete report.

China consumes a lot of Soybeans and is probably the world's biggest consumer.
Global consumption this year is forecast at 222.5 million tons, compared with 225.4 million projected in April. Inventories on Oct. 1, before the Northern Hemisphere harvest, will fall to 42.6 million tons from 53.1 million last year, the U.S. Department of Agriculture said. The USDA said 14 percent of the crop was sown as of May 10, behind the five-year average of 25 percent.

Tightening U.S. supplies and declining global production continue to support prices.
There's no evidence that demand is declining.

In the U.S., Soybeans are the second-biggest U.S. crop, valued in 2008 at a record $27.4 billion, behind corn at $47.4 billion.
There is growing concern about the slow planting. Soybeans planted in wet soils increase the risk of disease.

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