USDA Projects Rise in World Oilseed Production, Expects Higher Consumption, Reduces Ending Stock Estimates

After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Mar 22, 2021Canada’s oilseed production expected to increase 6% | World Grain-1.1%
• Jul 20, 2020India oilseed production on the rise | 2020-07-20 | World Grain+0.8%
• Dec 10, 2024USDA Reduces U.S. Corn Ending Stocks More Than Expected-0.8%
• Feb 9, 2022PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer-1.1%
• May 13, 2021USDA increases soybean product ending stocks estimates - Brownfield Ag News-7.4%

After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.

• Mar 12, 2024USDA experts have adjusted forecasts for world production of oils and meals-1.9%
• Jun 12, 2019USDA forecast for world soybean meal production reduced — Latifundist.com+2.4%
• May 10, 2024USDA Lowers Estimates for Brazil Corn and Soy Production-0.6%
• Sep 12, 2018USDA Pushes Corn, Soybean Yield Estimates Higher-4.4%
• Jun 30, 2017Argentina’s soybean production estimates lower in 2017-18 | World-grain.com | June 30, 2017 12:42 | World Grain+11.6%