The USDA says there was record amount of soybeans in storage on June 1st. Stocks in all positions were up 47% on the year at 1.790 billion bushels, with a large 2018 crop and slow export demand canceling out improved second quarter usage; the indicated March through May 2019 disappearance of 937 million bushels was …
Jun 28
Soybean stocks at record levels
