USDA oilseed market well supplied

Oilseed market: above-average supply situation puts pressure on prices The USDA is only slightly correcting its global oilseed estimate downwards in February 2024 compared to the January 2024 edition. Soy plays the decisive role with around 60% market share. Compared to the previous year, production is estimated to be +5.3% higher. Brazil, as...