WASHINGTON, DC, US — The US Department of Agriculture forecast higher prices for grains, oilseeds and soybean oil but mixed and mostly lower values for dairy, eggs and meat in its initial 2021-22 projections contained in the May 14 World Agricultural Supply and Demand Estimates report.
The higher grain, oilseed and soybean oil prices came as no surprise after those commodities recently set multi-year highs in futures markets amid concerns about strong demand and tight supplies both domestically and globally for ...
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2021