Domestic Oilseed Production Predicted to Grow

Domestic Oilseed Production Predicted to Grow

Lorrie Boyer
Lorrie Boyer
Reporter
Rabobank publishes an annual 10-year outlook report that is for grain and livestock producers, wholesalers, food companies, processors, and everything in between. So they have a better idea of where they see the market moving in the next 10 years, and what it means for their businesses, Vice President of Grain and Oilseed Analysis with Rabobank, Andrik Payan in, in this third and final report, this series gives us an overview of the strength of domestic base oil seeds.

“One other trend that we saw is that domestically, we do see that the domestic base in the US continues to be really robust and continues to grow. Not not as fast as exports of what we saw in the last few years. But we you know, we continue to have really strong domestic base that has helped stabilize prices domestically. But definitely one one of the things that came up from the report was, you know, we need to find new demand outlets for us commodities because even though domestic demand is strong, it's not really growing or creating new demand sources that will help keep prices more stable.

Okay.”

Payan ads that this baseline report provides insights into potential long-term trends for the major U.S. grains and

oilseeds through 2033 to 2034.

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