Weekly Outlook: Corn and Soybean Export Prospects
US - Early USDA forecasts for the 2008-09 corn and soybean marketing year include prospects for substantial declines in U.S. exports from the record levels reached in the 2007-08 marketing year. The sharpest decline is projected for corn. With U.S. corn and soybean stocks expected to remain tight this year, the pace of exports could have important price implications as the year progresses.