USDA cuts oilseed production in 2021/22

USDA estimates oilseed supply lower in 2021/22. In its Jan.22 estimate, the US Department of Agriculture (USDA) reduced the oilseed harvest in 2021/22 to around 619 million t (previous month 627.6 million t). However, the consumption is estimated to be slightly reduced at 526 million t. The final stock is estimated at 107 million t...