Soybean bulls return for last hurrah

摘要

NOTHING says summer like a good, old-fashioned squeeze in the soybean market.To be sure, the fireworks this year pale in comparison to the last couple of seasons, when drought and record-tight supplies roiled markets as the marketing years wound down. Still, earlier in 2015, few would have believed that any talk of a squeeze waspossible.Back in January, the U.S. Department of Agriculture said leftover supplies on Aug. 31 would hit 410 million bu. Yet, in its most recent forecast, the agency put the carryout at only 250 million bu., and there's a real possibility that it could be even lower.