USDA estimates lower oilseed production - prices are picking up

USDA: Oilseeds harvest significantly reduced in 2019 - Soybean prices stable again - Oilseed rape on the rise The Aug. issue of the US Department of Agriculture estimates that global oilseed production is -3.4% lower than in the previous year. A significant proportion of this is due to the 5.8% lower soybean harvest. Rapeseed and peanut harvests are also rated -3% lower....