web stats analysis

Soymeal News - U.S. July 2020/21 Soybean End Stocks Estimate at 155 Million Bushels: USDA
logo
Download Our Android App From Google Play Store

U.S. July 2020/21 Soybean End Stocks Estimate at 155 Million Bushels: USDA

The U.S. Department of Agriculture monthly supply and demand report for the month of July forecasts U.S. 2020/21 soybean end stocks unchanged at 155 million bushels. Opening stocks in 2020/21 are kept unchanged at 135 million bushels. Soybean production in July estimate is kept unchanged at 4,405 million bushels. U.S. soybean exports estimate in July are kept unchanged at 2,075 million bushels. Import’s estimate is kept unchanged at 35 million bushels. Crush are kept unchanged at 2,225 million bushels. Seed use in 2020/21 is same at 104 million bushels. Residual use is unchanged at 15 million bushels. Average price range in 2020/21 is decreased to 13.70 cents/bushel compared to 13.85 cents/bushel in June month’s estimate.