This month the United States Department of Agriculture (USDA) estimates that the Global Soybean Production 2016/2017 will be 336.62 million metric tons, around 1.23 million tons less than the previous month's projection.
Last year the Global Soybean Production (*) was 312.97 million tons. This year's 336.62 estimated million tons could represent an increase of 23.65 million tons or a 7.56% in soybean production around the globe.
(Values in Metric Tons)
United States: 117,208,000
Next Update will be March 09, 2017.