Crushing and exporting of soybeans in Argentina, Brazil and the U.S. declined in the first two months of 2013 compared with the year-ago period, according to Oil World. "Despite rapid harvesting of a record crop, Brazilian soybean crushings and exports were still down," Oil World said. Separately, U.S. soybean inventories could reach a nine-year low due to high demand for livestock feed, according to a U.S. Department of Agriculture report.

Full Story:
Bloomberg, Bloomberg

Related Summaries