World Perspectives
soy-oilseeds

Oilseed Highlights: Soy Changes in USDA WASDE Report; Soy Export Sales; Argentine Takeover of Vicentin

Today’s USDA WASDE report did not include any major unexpected changes in the supply and demand situation for the soy sector. U.S. soybean exports in 2019/20 were reduced, but U.S. soybean crush was increased as were U.S. soyoil exports. Overall, the report was relatively neutral to slightly positive. Some of the more significant changes in the report were the following for MY 2019/20: U.S. soybean production in 2019 was reduced by 5 million bushels (96.68 MMT) after resurveying producers in the northern plains.  U.S. soybean exports were reduced by 25 million bushels to 1.65 billion bushels (44.91 MMT). That was expected based on the slow pace of U.S. soybean export thus far. U.S. soybean crush was increased by 1...

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Market Commentary: Acreage Outlooks Weaken Corn, Soy; Wheat Gains on Firmer Russian Offers

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May 24 Corn closed at $4.2675/bushel, down $0.0575 from yesterday's close.  May 24 Wheat closed at $5.475/bushel, up $0.04 from yesterday's close.  May 24 Soybeans closed at $11.925/bushel, down $0.065 from yesterday's close.  May 24 Soymeal closed at $339/short ton, down $0.8 fr...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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