March WASDE provides little in the way of new news for soybeans and soybean oil
The U.S. soybean supply and use forecast for 2014/15 was left unchanged this month. Soybean crush and export activity held at February projections levels of 1,795 and 1,790 million bushels respectively. Ending stocks remain forecast to hold at an 8-year high of 385 million bushels.
Global oilseed production moved fractionally higher from last month with minor changes in…
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