Soybeans

This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.

Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....

Post increased the 2022/23 forecast for soybean planted area expansion to 43.3 million hectares (ha) and soybean production to 153 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year. However, in the southern part of the country including Rio Grande do Sul and Parana, rains will be needed in January because if continues to be dry, the crop will be negatively impacted.

Private exporters reported sales of 106,000 MT of soybeans for delivery to China during MY 2023/2024.

Private exporters reported the following activity for MY 2022/2023: 100,000 MT of corn for delivery to unknown destinations and 130,000 MT of soybeans for delivery to unknown destinations.

Private exporters reported sales of 192,000 MT of soybeans for delivery to unknown destinations during MY 2022/2023.