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    DESPITE USDA’s OPTIMISTIC NEW CROP PRODUCTION FORECAST, STOCKS WILL REMAIN VERY LOW IN 2021/22…

    13 May 2021
    The USDA’s first official balance sheets for the 2021/22 season shared a benign forecast which belies the tricky year ahead for grains and oilseeds. 2020/21 ending stocks of corn and soybeans are set to touch rationing levels, which is why we’ve seen prices move out of reach of some consumers. The USDA’s figures suggest all will be well; But nothing is less sure yet...!

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