Beans and corn stockpiles remain low
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.
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