This month the United States Department of Agriculture (USDA) estimates that the Global Soybean Production 2016/2017 will be 330.43 million metric tons, around 0.01 million tons more than the previous month's projection.
Last year the Global Soybean Production (*) was 312.97 million tons. This year's 330.43 estimated million tons could represent an increase of 17.45 million tons or a 5.58% in soybean production around the globe.
(Values in Metric Tons)
United States: 114,332,000
Next Update will be October 12, 2016.