last release: February 2019
Supply & Demand
2017/18 | 2018/19 | ||
|---|---|---|---|
estimate | 1 Nov | 6 Dec | |
Production | 341.5 | 369.0 | 364.3 |
Supply | 398.5 | 410.1 | 405.1 |
Utilization | 349.7 | 354.7 | 354.8 |
Trade | 154.0 | 154.8 | 154.0 |
Ending Stocks | 40.8 | 55.3 | 53.7 |
in million tonnes | |||
- Soybean 2018/19 production forecast lowered slightly on unfavourable weather conditions affecting crops in parts of South America.
- Utilization in 2018/19 virtually unchanged as downward corrections for Argentina, India and several countries in Asia and Africa are offset by higher forecasts mostly for Brazil.
- Trade in 2018/19 trimmed slightly, mainly reflecting a further downward revision in China’s import forecast.
- Stocks (2018/19 carry-out) curtailed on lower forecasts for Argentina, Paraguay and China.