USDA Quarterly Inventory Report - Soybeans
2024-03-28 16:16:48
On March 29th, Jinshi Futures reported that as of March 1st, 2024, the total inventory of old crop soybeans in the United States was 1.85 billion bushels, an increase of 9% year-on-year. The farm inventory was 933 million bushels, an increase of 24% year-on-year; The non farm inventory was 912 million bushels, a decrease of 3% year-on-year. The consumption of soybeans from December 2023 to February 2024 was 1.16 billion bushels, a year-on-year decrease of 13%.
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