Soybeans hit the trifecta

Prices surge due to strong demand, weather issues.

Demand strikes again.

Three big soybean market movers were highlighted in the latest U.S. Department of Agriculture "World Agricultural Supply & Demand Estimates" (WASDE) report. The government lowered beginning and ending stocks, increased export projections and bumped up domestic crush.

Soybean beginning stocks for the 2016-17 marketing year are pegged at 370 million bu. this month, down 30 million from May. Ending stocks are projected at 260 million bu., down 45 milli

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