Argentina organic soybean exports stabilize US supply
Organic soybean imports surged in the second half of 2024, helping to replenish stock for major US operators. As organic...
The latest USDA's World Agricultural Supply and Demand Estimates report, released at midday on Tuesday February 11, was considered neutral for the soybean oil market, with no changes in monthly forecasts for soybean oil stocks and consumption for 2024/25.
For the 2024/25 marketing year, the agency maintained its US soybean oil production outlook at 27.6 billion lb and its soyoil export projection at 1.6 billion lb.
At the end of 2024, US soyoil exports surged as domestic prices became more competitive...