Items Tagged with 'ending stocks'

The USDA said Friday bumped up its forecast for U.S. soybean exports and dropped its prediction for ending stocks as Chinese demand remains strong and competition from Brazil is less than expected.

USDA expects U.S. ag exports to hit a new record this year and projects continued strong prices for major commodities this year while acknowledging that Russia's invasion of Ukraine has injected new uncertainty into world markets.

Department of Agriculture officials increased soybean and corn yields which helped push ending stocks projections higher in Tuesday's World Agriculture Supply and Demand Estimates report.

The nation’s corn pile is shrinking but soybean ending stocks are holding steady, according to Friday’s World Agricultural Supply and Demand Estimates report.