crashpadfortnite| The U.S. Department of Agriculture reported in May: total soybean oil supply in 2024/2025 reached 30.6 billion pounds, and production increased to 28.5 billion pounds

2024-05-11

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] data on supply and demand of soybean oil in 2024 and 2025 are released.CrashpadfortniteThe final inventory is expected to be 18Crashpadfortnite.42 billion pounds]

According to the supply and demand report released by the United States Department of Agriculture on May 11th, U.S. soybean oil production in 2024 is expected to be 28.515 billion pounds in 2025, a solid increase over the previous year. In addition, the total supply of soybean oil is expected to reach 30.642 billion pounds, indicating an adequate supply in the market. In terms of consumption, the total consumption of soybean oil in 2024amp 2025 is expected to be 28.8 billion pounds, in line with production.

It is worth noting that the end-of-term inventory of soybean oil in the United States is expected to be 1.842 billion pounds in 2025, which may be of reference value for investors to analyze the relationship between supply and demand and price trends in the market. With the gradual recovery of the global economy, soybean oil as an important edible oil and industrial raw material, its market demand and price fluctuations are worthy of attention.

crashpadfortnite| The U.S. Department of Agriculture reported in May: total soybean oil supply in 2024/2025 reached 30.6 billion pounds, and production increased to 28.5 billion pounds

The USDA report also provides a forecast of soybean oil supply and demand in 2023 and 2024, providing investors with comprehensive market information. Analysts believe that these data will have an impact on the price formation of agricultural products (000061) futures market, especially soybean oil futures contracts.

Investors should pay close attention to the follow-up report of the USDA and developments in international markets to make informed investment decisions. At the same time, we should also pay attention to the market risk and manage the investment portfolio reasonably.