J P M O R G A N North America Equity Research
8 February 2023
USDA World Ag Supply &
Demand Estimates (WASDE)
US Soybean Ending Stocks Above Consensus
Today, the USDA updated its global supply and demand estimates for Machinery, Engineering &
2022/23. In the US, 2022/23 ending stocks are estimated at: 1.267B bu of Construction
corn (vs. consensus 1.273B bu); 225MM bu of ...


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