USA: 2010/11 soybean production estimate revised slightly up to 3,345 mln bu

The USDA revised up its projection for 2010/11 soybean production in the USA to 3,345 (previous figures 3,310; previous year 3,359) mln bu as well as that for the crush to 1,645 (1,640; 1,740) mln bu, and for the exports to 1,370 (1,350, 1,455) mln bu. Ending stocks remain unchanged at 360 (360; 185) mln bu.
(USDA, July 9, 2010)