USDA updates supply situation in oilseeds market

USDA increases oilseed production in 2021/22 and rising consumption In its Nov estimate, the US Department of Agriculture (USDA ) forecast the oilseed harvest in 2021/22 to be 4.1% higher to around 628 million t (previous year 603 million t). Consumption is expected to grow from 509 to 527 million t. gain weight. The final stock is estimated...