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More from the USDA: Soybeans gain +0.8% as the expected crop is cut 2% to 2.638B bushels vs....
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Wednesday, September 12, 2012, 9:15 AM ETMore from the USDA: Soybeans gain +0.8% as the expected crop is cut 2% to 2.638B bushels vs. trade estimates of a 1% reduction. Ending stocks, however, remain at 115M bushels as the USDA cuts exports 55M bushels to 1.055B. Without the export reduction, ending stocks would have fallen to the frighteningly low level of 60M bushels. (full report, .pdf)
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