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Global Soybean Stocks Increase Rapidly

Pubtime:2019-03-11Author:Source: Hits:

Japan’s Economic News Soybean Stocks Increase Rapidly in the World. United States Department of Agriculture (USDA) ’s report on crop supply and demand released in February shows that it is estimated that the year-end grain inventory in 2018-2019 (September 2018-August 2019) will reach 106.72 million tons, a record high.

The United States, the world’s second-largest soybean producer, has significantly increased its stocks. U. S. Soybean stocks at the end of the year are expected to double from the previous year to 24.76 million tons.