This month the United States Department of Agriculture (USDA) estimates that the Global Soybean Production 2017/2018 will be 348.04 million metric tons, around 2.07 million tons more than the previous month's projection.
Last year the Global Soybean Production (*) was 313.05 million tons. This year's 348.04 estimated million tons could represent an increase of 34.99 million tons or a 11.18% in soybean production around the globe.
(Values in Metric Tons)
United States: 117,208,000
Next Update will be July 12, 2017.