Mar 2023: USDA corrects 2022/23 soybean crops

USDA estimates higher oilseed production in 2022/23 and higher consumption In its March 23 oilseed estimate, the US Department of Agriculture (USDA) estimated the global soybean harvest 2022/23 to be around 8 million t lower than in the previous month. Compared to the previous year, however, the result is 17 million t or 4.7% higher. At 374 million tons, consumption is only...