Soybean Traders Look Ahead To Next Week's USDA Report

The Street estimates for soybean stocks are somewhere in between 2.4 to 2.91 billion bushes versus 2.154 billion a year ago. U.S. production is expected be at 3.962 billion versus last months report of 3.958 billion. U.S. ending stocks are expected to be adjusted lower by somewhere between 7 to 10 million bushels. March Soybeans settled Wednesday's session at 1056 1/4, up 1/2 cent. July Soybeans ended the day at 1065 1/4, down 1/4 cent. March Soymeal ended the session at 354.00, down by 1.1. March Soybean Oil was higher, settling at 33.16.