Browse Data and Analysis

Soybean imports for marketing year (MY) 21/22 are revised downward to 94 million metric tons (MMT) due to slower economic growth, high prices, and COVID-related restrictions depressing meal and vegetable oil consumption. Soybean production for MY 22/23 is forecast higher at 18.4 MMT on expanded planted area supported by high prices and government incentives.

On January 22, 2021, the European Commission (EC) approved five genetically engineered (GE) crops (three corn and two soybeans) and renewed the authorization for three corn crops used for food...

South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.

Post maintains its 2020/21 forecast for soybean planted area expansion at 38.5 million hectares (ha) and soybean production at 131.5 million metric tons (MMT).

Providently timed rains have allowed emergence amid generally positive early oilseed crop conditions, but the absence of significant soil profile moisture in much of the country means that...