Soybean Demand Projected to Grow in 2019/20, But Record Inventories Dampen Prices
Mariana Matias and
Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, 2019, vol. August 2019, issue 07
ERS forecasts soybean stocks, or unused soybeans held in storage, to reach a high point of 1.05 billion bushels in the 2018/19 marketing year (September–August), driven by reduced exports and record domestic production. That number is expected to fall in 2019/20, but will likely remain historically high.
Keywords: Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis (search for similar items in EconPapers)
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