Soybean stocks in the U.S. as of March 1 stand at 1.56 billion bushels, down 31% from a year ago, according to the U.S. De­­partment of Agriculture. 

The beans in storage situation in Iowa is even tighter. March 1 stocks were 255 million bushels, 44% fewer soybeans on hand than were available March 1, 2020.

National corn stocks also re­main low. U.S. corn in storage totaled 7.7 billion bushels ...