Soybean balance sheet breakdown following November WASDE report

USDA’s November U.S. soybean outlook includes a record production forecast, and where that increase fits into the supply and demand estimates.

That is USDA World Agricultural Outlook Board Chair Mark Jekanowski who says that with the use increases, the November report shows a 15 million bushel decrease in ending stocks from the previous month.

Jekanowski also provides updates on the global soybean production forecast.

That was USDA World Agricultural Outlook Board Chair Mark Jekanowski.

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