From WATTAgNet:This week, Goldman Sachs lowered its three- and six-month price forecast for soybeans on the Chicago Board of Trade (CBOT), according to a Reuters report. It also lowered its forecasts for CBOT corn and wheat, citing strong U.S. corn yields and a lower corn export forecast compared with the U.S Department of Agriculture’s outlook."Our price modeling and our updated soybean and corn U.S. ending stock forecasts point to the 2014/15 CBOT soybean-to-corn price ratio trading at 2.6 in coming months. We therefore lower our three- and six-month soybean price forecasts to $8.00 per bushel, well below the current forward curve," Goldman said.Goldman, which lowered the price to $8 per bushel from the spot price near $9, said soybeans are overpriced relative to corn, and given a jump in U.S soy ending stocks in the 2014-15 marketing year.According to a recent report from Tim Brusnahan, vice president at Brock Associates, the 2014 U.S. corn and soybean crop forecast will keep prices trending lower.“Domestically, livestock producers will be in a position where the two primary feed commodities — corn and soybean meal — will have a large supply, and the price has adjusted to those increased supplies,” Brusnahan said in his September 18 commentary.