Source: SOUTHERN FARM NETWORK, 5/14/21


USDA released its May World Ag Supply and Demand Estimates, predicting lower old crop corn ending stocks and that the tight soybean supplies will continue into the new 2021-2022 marketing year. Mike Zuzolo, President of Global Commodity Analytics in Atchison, Kansas, says it looks like USDA is predicting a rebound in domestic and international soybean stocks in the new marketing year.

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