Tidbits, Oil Demand, Crop Progress, ENSO, Export Inspections 5/20/25
- Wright team
- May 20
- 4 min read
Tidbits
Late morning yesterday, President Trump issued this press release:
Yesterday morning the USDA announced the sale of 145,000 mts of soybean meal to the Philippines.
Goldman Sachs has increased its global oil demand forecast but maintained its oil price forecast at $60 per barrel of Brent crude and $56 per barrel of West Texas Intermediate, despite current trading values exceeding those projections.
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