U.S. Soybean Export Sales Not Keeping Pace With Projections

https://www.youtube.com/watch?v=ammpjW5Vlm8

Sales of U.S. soybeans on the export market are running well below last year’s pace. The USDA projected an 8% decline this marketing year but commitments so far are down a massive 35%, alarming growers and commodity markets alike. What factors are driving sales south? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights