USDA estimates oilseed supply higher in 2022-23

USDA estimates oilseed supply higher in 2022/23. In its May 22 estimate, the US Department of Agriculture (USDA) significantly increased the new oilseed crop 2022/23 to around 647 million t (previous year 597 million t). Consumption is also estimated to be higher at 631 million t (previous year 609 million t). The ending stock increases to...