March WASDE Release

Tore Alden

In USDA’s March WASDE report, released earlier today, it raised its 2017/18 US soybean ending stocks projection 25 million bushels to 555 million, which, if realized, would represent 13.3 percent of its total usage forecast of 4.16 billion bushels. USDA’s ending stocks forecast was 25 million bushels above…