People seem to have forgotten that the WASDE still has 81 myn bu in residual on the books from last year's crop.. this is unusal.

( http://www.usda.gov/oce/commodity/wasde/latest.pdf ) 

Did USDA overestimate the 2014 Soybean crop?

Some expect as much as a 1 bu acre revision to last year's 2014 soybean crop.. If they do that to balance this residual error.. will they also lower yield estimates on the 2015 crop?

Between the two numbers we could lose 100 to 150 myn bushels of expected soybean supplies with the stroke of a pen.. "POOF"

Anyone else see this coming? 

PS how is that Southern US Soybean crop coming in this year?  The suspected source of the Residual error in year's past.. Quant Beanies...

aka beans harvested before the start of the Crop year.. aka before Sept 1st of 2014.. 2013.. back in the day of higher beaner prices..

Bears have you forgotten about this???