Export Outlook for Soybeans
Recent data on the soybean export pace indicates stronger weekly sales. This offers hope for meeting the USDA marketing year export projection. The size of the 2018 crop in South America and the competitiveness of U.S. export prices, says University of Illinois Agricultural Economist Todd Hubbs, remain essential to determining U.S. export possibilities for the remainder of the marketing year.
ILLINOIS Ag Economist Todd Hubbs discusses the potential for U.S. soybean exports to meet USDA’s stated marketing year goal with Todd Gleason.