Soybean crush forecast drops in September as economies crunch

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The USDA lowered their forecast for global soybean crush and trade for 2023/24 as demand for meal drops in key demand centers in Asia.

The agency reduced global soybean crush by 1.8mt to 327.7mt, as crush levels drop in Pakistan, Thailand, Argentina, the EU, and the US.

Global soybean exports...

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