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USDA ISSUES "OIL CROPS OUTLOOK" REPORT
Source: USDA news release

To view the complete report, click here.

The final estimate of the 2020/21 U.S. soybean crop is 4.135 billion bushels. Coupled with an increase for the 2020/21 crush to an all-time high of 2.2 billion, season-ending stocks are forecast down to a 7-year low of 140 million bushels.


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