last release: April 2019
Supply & Demand
2017/18 | 2018/19 | ||
|---|---|---|---|
estimate | 7 Mar | 4 Apr | |
Production | 341.7 | 361.5 | 360.6 |
Supply | 398.7 | 402.6 | 401.6 |
Utilization | 349.1 | 353.0 | 352.7 |
Trade | 152.8 | 151.5 | 149.8 |
Ending Stocks | 41.0 | 52.3 | 51.9 |
in million tonnes | |||
- Soybean 2018/19 production forecast lowered slightly, with reduced forecasts for Brazil and other South American countries offset in part by higher estimates elsewhere.
- Utilization in 2018/19 virtually unchanged m/m, as fresh downward revisions for China and other countries in Asia were mostly compensated by upward corrections in India.
- Trade in 2018/19 trimmed further, tied to lower-than-earlier anticipated demand in China and other countries in Asia.
- Stocks (2018/19 carry-out) scaled down for the third consecutive month, with lower forecasts for Argentina and the US only partly offset by upward revisions for Brazil.