Analysts in the July report raised the forecast for global soybean production in 2021/22 MY by 1.3 million tons compared to the previous estimate of 379.4 million tons, which is also 19.8 million tons higher than in the 2020/21 season (359 , 6 million tons). It is reported by Oil World. Corn area has been increasing since 2016 when corn export tariff favored corn over the soybean complex. Winter wheat planting is officially over, with 92% of the crop emerged, compared to the five-year average of 91%, and 44% of the crop is in good to excellent shape, unchanged on the week and down 2% on the year. In particular, experts raised the forecast for Brazil - up to 142.8 million tons against 140 million tons . Soybean oil prices rose substantially during 2020-21, supporting soybean prices to remain at high levels. World Soybean Production (Ranking By Country)The world is projected to produce 384.4 million metric tons of soybeans, up 788K metric tons from last month.The 2021/22 foreign oilseed supply and demand forecasts include higher beginning stocks and lower production, exports, and crush. Rapeseed in Iran, sunflowerseed in the EU, and Global soybean trade in 2021 . This statistic shows the production of soybean meal worldwide from 2013/14 to 2020/21, by country. In 2019-2020, Argentina produced 51 million metric tons of soybean. The webinar is free, but registration is needed for access to the zoom link. Soybean prices saw a surprise boost in today's Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports from USDA after an unexpected yield cut for the 2021 crop dropped the total crop to 4.425 billion bushels - now the second largest crop on record narrowly following 2018's haul of 4.428 billion bushels. 6.1 Global Production by Top Regions (2016-2021) 6.2 North Soybean Fiber Production and Growth Rate. According to the Soybean Processors Association of India (SOPA), India's soybean acreage would increase by over 8% in 2020-21, while production will climb by over 31.5 percent to 122.475 lakh tonnes. Soybean carryover on Sept. 1, 2021, was forecast at 140 million bushels, down 35 million bushels, or 20%, from December and down 73% from 525 million bushels in 2020. Dow Jones News. World Soybean Production 2020/2021 Jan 2021. 1 Source: USDA OCE World Agricultural Supply and Demand Estimates Report Corn and Soybean Outlook 2021. . Analysts in the July report raised the forecast for global soybean production in 2021/22 MY by 1.3 million tons compared to the previous estimate of 379.4 million tons, which is also 19.8 million tons higher than in the 2020/21 season (359 , 6 million tons). EU investigates alternative sources of high-protein animal feed. Nematodes consistently rank as a top yield robber of soybeans. Provided by Dow Jones. Jan 2021 Update: 361.00 million metric . Soybean Production 2019/2020. A US government report on soybean production in Argentina written in 2019 predicted soybean production will decline by about 3% in this country in 2020. In the 2019/2020 crop, for example, the region produced 24.7 million tons of grains. Nearly all production growth is limited to the United States and South America and furthers the trend of concentrating production in exporting countries. JUNE 2021 International Benchmarks for Soybean . With a 6-percent jump in Brazil soybean production, there will be less pressure on the 2021/22 U.S. crop to meet growing global demand. World Soy Oil Production Year Period Please Select Year 2021-2022 2020-2021 2019-2020 2018-2019 2017-2018 2016-2017 2015-2016 2014-2015 2013-2014 2012-2013 2011-2012 2010-2011 2009-2010 2008-2009 2007-2008 2006-2007 2005-2006 Production information of the main agricultural commodities in the world.
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