So far in 2014/15, the soybean futures market has been more impressed by the demand for soybeans and soymeal than by soybean supplies. However, it will probably look quite differently in the last six months of 2014/15 because of several factors. General Comments The U.S. produced a record soybean crop for 2014/15 that promises to alleviate several years of tight U.S. soybean supplies and leave a large carryout. The South American soybean growing season has been almost a carbon copy of the favorable U.S. growing conditions six months earlier, and it is leading to a similar result – a record-large soybean crop. World soybean supplies have never been larger, and ending 2014/15 world stocks will soar to an astounding 90 MMT, a level never dre...