The outlook for soybeans does continue to appear fundamentally bearish. However, soy complex futures seem reluctant to acknowledge just how bearish the situation seems to be.Consider the following:
The estimated 2013/14 world soybean carryover is a record-large 66 MMT. The U.S. produced a record 3.97 billion bushel (108 MMT) soybean crop for 2014/15. Brazil and Argentina are forecast by WPI to produce record 2014/15 soybean crops of 94.5 MMT and 56 MMT, respectively, putting total 2014/15 South American production at about 160 MMT. Estimated total world soybean production for 2014/15 is 315 MMT, up about 31 MMT from 2013/14. Total world soybean demand for 2014/15 is estimated to be 288.5 MMT, up about 15.5 MMT from 2013/14. Estimate...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
