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Posted 1/13/2021 08:31 (#8747452 - in reply to #8747208)
Subject: RE: Cheese and rice......

"Ending stocks for U.S. #soybeans in 2020/21 are seen at 140 million bushels, down 77% from 610 mbu projected in August"
It is the ending stocks number that matters to price. Problem is a small adjustment in acres or yield makes a big adjustment in stocks.
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