Browse Data and Analysis

Paraguay’s soybean production is forecast to rebound to 10.9 million metric tons (MMT) in MY2025/26 on improved weather and modest acreage gains, following weather-driven losses the previous year.

Taiwan’s soybean imports are forecast at 2.65 MMT for MY2024/2025 and MY2025/2026, a slight increase from the previous MY.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

Post projects marketing year (MY) 2024/2025 soybean production at 10.3 million metric tons (MMT) with increased planted area of to 3.59 million hectares on increased second crop planting.

Taiwan’s soybean imports are forecast at 2.65 MMT for MY2023/2024 and MY2024/2025, a slight recovery from the previous MY. Weakness in feed demand due to animal diseases was one of the causes for lower soybean imports and reduced crush for MY 2022/2023.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

Taiwan’s soybean imports are forecast at 2.65 MMT for MY2022/2023 and MY2023/2024. In MY 2021/2022, Taiwan imports of soybeans reached a record high of $1.74 billion. To stabilize commodity prices and reduce inflationary pressure for consumers, since February 2022 Taiwan has waived business taxes on imported soybeans, currently set to expire on June 30, 2023.

Post projects marketing year (MY) 2023/2024 soybean production at 10 million metric tons (MMT) as planted area rises to 3.55 million hectares and Paraguay returns to trend for yield. MY 2023/2024 exports are projected at 6.4 MMT.

FY2022 agricultural exports reach record levels.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

Post projects marketing year (MY) 2022/2023 soybean production at 10 million metric tons (MMT) on 3.45 million hectares as Paraguay rebounds to more normal conditions following a significant drought. MY 2022/23 exports are projected at 6 MMT.

Taiwan’s soybean imports are projected to reach 2.63 and 2.65 MMT in MY2021/22 and MY 2022/23. Soybean import demand will be buoyed by steady feed demand as well as exports and demand for soybean oil. In MY 2020/21, Taiwan’s COVID-19 control restrictions in Q2-Q3 had some negative impact on demand from the HRI sector, especially for soybean oil and palm oil which are favored in commercial use.