SAF Magazine

USDA maintains forecast for soybean oil use in biofuel production

July 12, 2023

With lower production partly offset by higher beginning stocks, 2023-'24 soybean supplies are reduced 185 million bushels. Soybean crush is reduced 10 million bushels reflecting a lower soybean meal domestic disappearance forest.

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USDA maintains forecast for soybean oil use in biofuel production