Industry predictions of a decline in EU rapeseed production are being confirmed by sharply lower yields in Germany. Farmers there are harvesting at least 20 percent less per hectare than last year because of dryness and a heat wave in late June-July. Better U.S. Soy Export Sales Last Week As reported to USDA, last week's export sales of soybeans, soymeal and soyoil were higher than in recent weeks, although they were still small in comparison to annual volumes. Net soybean export sales last week for shipment in 2014/15 totaled 80,800 MT, 65 percent more than the previous four-week average. Increases to the Netherlands (106,400 MT), Mexico (33,000 MT), Indonesia (28,000 MT), Colombia (6,200 MT) and Switzerland (3,300 MT) were partially off...

TAGS – Soy & Oilseeds, Asia, North America