Soybeans cam in today at 28.1254 million bushels, that’s the largest over the last 4-week s and above the level needed to reach USDA export forecast.

We believe that soybeans exports will be at or above the level needed consistently over the next 3-4 months.

That will allow US soybean exports to come in well above what USDA is currently projecting.

Keep in mind that exports sales of soybeans that re on the books but have not yet shipped in the current marketing year are nearly double what they were a year ago and we believe that new sales will be good as well.

Again, USDA is very likely underestimating us soybean exports.