Pantheon Macroeconomics - Today is all about beans. Specifically, soybeans, and more specifically, just how many of them were exported in August. This really matters, because if soybean exports in August and September remained close to their hugely elevated July level, the surge in exports relative to the second quarter will contribute about one percentage point to headline GDP growth.

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29 September. 2016 Rocketing Soybean Exports Set to Hold Down August Trade Deficit

By Ian Shepherdson

Today is all about beans. Specifically, soybeans, and more specifically, just how many of them were exported in August. This really matters, because if soybean exports in August and September remained close to their hugely elevated July level, the surge in exports relative to the second quarter will contribute about one percentage point to headline GDP growth.

Posted: 28th Sep 2016 in 'U.S. Documents'

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