Save Global Soybean Stocks to Use Ratio (Monthly)
USDA releases WASDE report between the 9th to the 12th every month forecasting supply and demand of crops for the year ending in April.
Stocks/Use ratio forecasts the number of years or days that soybean supply will be sufficient under the current demand pattern. The stocks here refer to the projected ending stocks at the end of upcoming April.
When the ratio goes down, soybean price rises.
Global Soybean Stocks to Use Ratio (Monthly, L)2021-0523.92 %
Soybean Futures Price (R)2021-05-181,596.00