USDA estimates higher global oilseed supply - but soy lags behind

  USDA estimates higher oilseed production in 2022/23 and even higher consumption In its September 22 estimate, the US Department of Agriculture (USDA) forecast the oilseed harvest for 2022/23 to be 7.1% higher than in the previous year at around 645 million t. However, the ending stock will decrease slightly due to an even...