US Soybeans
2024/25
Area planted (mln acr) 86.50
Area Harvested (mln acr) 85.60
Yields (bu/acr) 52.00 vs USDA Ag Outlook Forum 52 vs Trade estimates 51.9 (50.6-53.0)
Production (bln Bu) 4.450 vs USDA Ag Outlook Forum 4.505 vs Trade estimates 4.44 (4.165-4.554)
Exports (bln bu) 1.825
Domestic crush (bln bu) 2.425
End Stocks (mln bu) 445 vs Trade estimates 431 (315-552)
2023/24 May vs Apr
Area planted (mln acr) 83.60 vs 83.60
Area Harvested (mln acr) 82.40 vs 82.40
Yields (bu/acr) 50.60 vs 50.60
Production (bln Bu) 4.165 vs 4.165
Exports (bln bu) 1.700 vs 1.700
Domestic crush (bln bu) 2.30 vs 2.30
End Stocks (mln bu) 340 vs 340 vs Trade estimates 339 (304-365)
World Soybean
2023/24 End stocks (mlnT) 111.78 vs 114.22 vs Trade estimates 112.35 (110.01-115.00)
2024/25 End stocks (mlnT) 128.50 vs Trade estimates 120.87 (115.00-130.20)
Argentina 2023/24 Soybean prod 50.00 vs 50.00 vs Trade estimates 49.61 (48.00-50.00)
Brazil 2023/24 Soybean production 154 vs 155 vs Trade estimates 152.63 (150.80-155.00)
2023/24 Soybean import
China 105.00 vs 105.00
EU 14.30 vs 14.30
US Soy oil
2024/25
Production (mln lbs) 28,515
Biofuel use (mln lbs) 14,000
Food, Feed & other Industrial use (mln lbs) 14,300
Exports (mln lbs) 500
End stocks (mln lbs) 1.842
2023/24
May vs Apr
Production (mln lbs) 27,070 vs 27.070
Biofuel Use (mln lbs) 13,000 vs 13.000
Food, Feed & other Industrial use (mln lbs) 14,200 vs 14.200
Exports (mln lbs) 350 vs 350
End stocks (mln lbs) 1.677 vs 1.627
Soy oil Export projections (in mlnT)
2024/25
Argentina 5.50
Brazil 1.40
EU 1.05
US 0.23
2023/24
Argentina 4.80 vs 4.80
Brazil 1.80 vs 1.75
EU 0.80 vs 0.80
US 0.16 vs 0.16
Soy oil import projections (in mlnT)
2024/25
India 3.50
China 0.40
2023/24
India 3.00 vs 3.30
China 0.40 vs 0.40