Cash Strategist 5/10/2023
Published
5/8/2023
The USDA's Fats and Oils report for March showed record soybean consumption. The U.S. crush industry processed 198 million bushels of soybeans in March, the second highest monthly total on record.
This was above the average trade guess and compares to 177 million bushels of usage in February and 193 million bushels of soybean crushings in March 2022.
Soy oil production totaled 2.34 billion...
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