Soybeans were a little bit above last weeks at 28 million bushels, and that s above the level needed to reach USDA forecast.

And again, South American crop losses are likely to result in US exports being at or above the USDA target for an extended period.

US prices are competitive on the global market, typically that is not true.

Typically, South America is much cheaper than the US in the March-May timeframe, but US prices are competitive and that should allow our exports to exceed USDA current estimate.