Soybean supplies for 2012/13 are projected at 3,540 million bushels, up 8 percent from 2011/12 as both beginning stocks and production are expected to be larger.

Soybean production is projected 6 percent higher at 3,250 million bushels due to increased harvested area and yield.

Soybean plantings are projected unchanged from 2011 at 75 million acres.

Read More: Southeast Farm Press

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