Friday, March 12, 2010

Soy crush prospects poor in US, and worse in India

American soybean crushers face tougher times – but not as tricky as those besetting their Indian peers, which are being undercut by cheaper imported oilseed products.

US processors typically suffer a seasonal decline in the spring, as South American competitors begin to chew through the region's crops and regain share of export markets.

But they face a "sharper than usual" fall this year, thanks to flat American markets for soyoil and soymeal, the US Department of Agriculture said......more detial

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