· At midday, corn is -3, soybeans are -5, Chicago wheat is -3, KC wheat is -3, Minneapolis wheat -3, Apr feeders -.800, Apr fat cattle -.700, Apr hogs -.525.
· USDA attaché report estimated the trend of rising China soybean imports to continue, projecting to 80 mmt (2.9 billion bushels) for the current marketing year, and 84.5 mmt in 16/17..
· China’s JCI estimated their March soybean imports at 5.3 mln tons, but April was forecasted to balloon to 7 to 7.4 mln, and May 7.5 to 7.8 mln tons.
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