This month the United States Department of Agriculture (USDA) estimates that the Global Soybean Production 2016/2017 will be 330.41 million metric tons, around 4.46 million tons more than the previous month's projection.
Last year the Global Soybean Production (*) was 312.67 million tons. This year's 330.41 estimated million tons could represent an increase of 17.74 million tons or a 5.67% in soybean production around the globe.
(Values in Metric Tons)
United States: 110,500,000
Next Update will be September 12, 2016.