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Exports have nearly overtaken domestic use as the main source of U.S. soybean demand

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Exports have nearly overtaken domestic use as the main source of U.S. soybean demand

Last week, the USDA's Economic Research Service (ERS) released a report discussing the USDA's baseline, while the USDA's Office of the Chief Economist (OCE) released selected tables from the Department's Agricultural Projections to 2029. Today’s update highlights aspects from both the ERS report, and the OCE projections that focused on soybeans and corn.

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