Montana Crop & Livestock Reporter 2007 Nov 27
Montana Crop & Livestock Reporter 2007 Nov 27
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oilseed ending stocks for 2007/08 are projected at 6.8 million tons, down 0.1 million from last month. Total U.S.
oilseed production is projected at 80.1 million tons, up 0.1 million tons due to higher cottonseed and peanut output.
Soybean production is forecast at 2.594 billion bushels, down 4 million bushels based on a lower soybean yield of 41.3 bushels per acre. Soybean ending stocks are down 5 million to 210 million bushels.
Soybean and product price forecasts are all raised this month. Th...e U.S. season- average soybean price for 2007/08 is projected at $8.50 to $9.50 per bushel, up 65 cents on both ends of the range, reflecting sharply higher cash and futures prices. Soybean meal prices are projected at $235 to $265 per short ton, up $15 on both ends of the range.
Soybean oil prices are projected at 37.5 to 41.5 cents per pound, up 3 cents on both ends of the range. Soybean oil prices at Decatur, Illinois, have recently exceeded 41.5 cents per pound and have increased almost 15 percent in the past month.
What to read after Montana Crop & Livestock Reporter 2007 Nov 27?
You can find similar books in the "Read Also" column, or choose other free books by Montana Crop And Livestock Reporting Service to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
oilseed ending stocks for 2007/08 are projected at 6.8 million tons, down 0.1 million from last month. Total U.S.
oilseed production is projected at 80.1 million tons, up 0.1 million tons due to higher cottonseed and peanut output.
Soybean production is forecast at 2.594 billion bushels, down 4 million bushels based on a lower soybean yield of 41.3 bushels per acre. Soybean ending stocks are down 5 million to 210 million bushels.
Soybean and product price forecasts are all raised this month. Th...e U.S. season- average soybean price for 2007/08 is projected at $8.50 to $9.50 per bushel, up 65 cents on both ends of the range, reflecting sharply higher cash and futures prices. Soybean meal prices are projected at $235 to $265 per short ton, up $15 on both ends of the range.
Soybean oil prices are projected at 37.5 to 41.5 cents per pound, up 3 cents on both ends of the range. Soybean oil prices at Decatur, Illinois, have recently exceeded 41.5 cents per pound and have increased almost 15 percent in the past month.
What to read after Montana Crop & Livestock Reporter 2007 Nov 27?
You can find similar books in the "Read Also" column, or choose other free books by Montana Crop And Livestock Reporting Service to read onlineMoreLess
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