n Oilseeds Focus - Soya bean prospects for the next growing season - markets

Volume 5 Number 4
  • ISSN : 2410-1206


Global soya bean production for 2019/20 is expected to tentatively drop by 5% year-on-year (y/y), due to the smallest United States (US) harvest expected over six seasons, with gains elsewhere only offsetting this drop marginally. According to the United States Department of Agriculture (USDA), US production in 2019/20 is forecast at a six-year low of 96,6 million tons, with the drop due to severely reduced hectares and below-average yields as indicated by weekly conditions reports. Harvesting was well below-average. In addition, there was cold, snowy weather towards the end of October in parts of the US, which posed threats to yields and quality, especially in fields that lacked maturity.

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