Global Soybean Production Cut to 0.316 billion Tons

According to the latest report released by the private analysis organization Informa, the global soybean production in 2015/16 (September to August of the following year) is expected to be 0.3161 billion tons, which is lower than the earlier forecast of 0.3191 billion tons and 0.3205 billion tons in 2014/15.

The report shows that the US soybean production in 2015/16 is expected to be 0.1036 billion tons, lower than the earlier forecast of 0.1059 billion tons, and 0.108 billion tons in 2014/15. Brazil 97 million tons, lower than the earlier forecast of 97.5 million tons, 2014/15 96 million tons. India 11.3 million tons, lower than the earlier forecast of 11.5 million tons, 2014/15 9.8 million tons. Argentina's soybean production forecast for 2015/16 remains unchanged at 57 million tons and 60.5 million tons for 2014/15. China 11.9 million tons, in line with earlier forecasts, 12 million tons in 2014/15.

The report also shows that the global rapeseed production in 2015/16 (June to May of the following year) is expected to be 65.8 million tons, lower than the earlier forecast of 66.9 million tons, and 71.7 million tons in 2014/15.

According to the report, Canada's rapeseed production in 2015/16 is expected to be 14.2 million tons, lower than the earlier forecast of 15.1 million tons, and 15.6 million tons in 2014/15. The EU-28 rapeseed production is expected to be 22.1 million tons, up from an earlier forecast of 21.6 million tons and 24.3 million tons in 2014/15. China 14.2 million tons, in line with earlier forecasts, 14.6 million tons in 2014/15. India 6 million tons, in line with earlier forecasts, 7.1 million tons in 2014/15.

Global sunflower seed production in 2015/16 (June to May of the following year) is expected to be 39.1 million tons, in line with earlier forecasts and 39.5 million tons in 2014/15.

The report shows that the output of sunflower seeds in the 28 EU countries is expected to be 8.5 million tons in 2015/16, which is consistent with the earlier forecast and 8.9 million tons in 2014/15. Ukraine 9.6 million tons, lower than the earlier forecast of 10 million tons, 2014/15 10.2 million tons. Russia 9 million tons, higher than the earlier forecast of 8.5 million tons, 2014/15 8.9 million tons. Argentina 2.6 million tons, in line with earlier projections, 2.8 million tons in 2014/15.

2015/7/9 World Wide Web