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net/tag_2463.
html" class="zdbq" title="U.
S.
related food information" target="_blank">US foodmate.
net/tag_269.
html" class="zdbq" title="Soy-related food information" target="_blank">soybean supply in the 2021/22 season is expected to decrease, foodmate.
net/tag_227.
html" class="zdbq" title="Export-related food information" target="_blank">exports will decrease, crushing will increase, and ending stocks will increase.
Soybean production is expected to be 4.
4 billion bushels, an increase of 270 million bushels year-on-year due to the increase in harvested area.
Due to the decline in initial stocks, soybean supply is expected to decrease by 3% compared to 2020/21.
The total US foodmate.
net/tag_3140.
html" class="zdbq" title="Oilseed related food information" target="_blank">oilseed production in 2021/22 is expected to be 130.
3 million tons, an increase of 7.
9 million tons year-on-year.
The US soybean crush in 2021/22 is expected to be 2.
2 billion bushels, an increase of 35 million bushels over the 2020/21 season, because the crushing is lucrative.
The share of soy oil in the crush value is expected to increase, as the increase in soy oil consumption in the renewable diesel industry supports soy oil prices soaring.
2 billion bushels, an increase of 35 million bushels over the 2020/21 season, because the crushing is lucrative.
The share of soy oil in the crush value is expected to increase, as the increase in soy oil consumption in the renewable diesel industry supports soy oil prices soaring.
US soybean exports in 2021/22 are expected to be 2.
1 billion bushels, 205 million bushels less than in 2020/21.
Due to reduced supply of soybeans and increased crushing, the share of US soybeans in the global soybean trade is expected to drop to 33%, down from 36% in 2020/21.
The ending stocks of US soybeans in 2021/22 are expected to be 140 million bushels, an increase of 20 million bushels year-on-year.
As the price of autumn soybeans in some areas exceeds US$14 per bushel, the average soybean farm price in 2021/22 is expected to be US$13.
85 per bushel, an increase of US$2.
6 over 2020/21.
Soybean meal prices are expected to be US$400 per short ton, a drop of US$5 from the adjusted 2020/21 season.
The price of soybean oil is expected to be 65 cents per pound, an increase of 10 cents from the adjusted price for 2020/21.
1 billion bushels, 205 million bushels less than in 2020/21.
Due to reduced supply of soybeans and increased crushing, the share of US soybeans in the global soybean trade is expected to drop to 33%, down from 36% in 2020/21.
The ending stocks of US soybeans in 2021/22 are expected to be 140 million bushels, an increase of 20 million bushels year-on-year.
As the price of autumn soybeans in some areas exceeds US$14 per bushel, the average soybean farm price in 2021/22 is expected to be US$13.
85 per bushel, an increase of US$2.
6 over 2020/21.
Soybean meal prices are expected to be US$400 per short ton, a drop of US$5 from the adjusted 2020/21 season.
The price of soybean oil is expected to be 65 cents per pound, an increase of 10 cents from the adjusted price for 2020/21.
The global oilseed supply in 2021/22 is expected to increase by 3% year-on-year to 732.
4 million tons, as the price increase encourages farmers to increase the oilseed sown area.
After the decrease in yield caused by the decline in yield last year, sunflower seed production is expected to increase.
Global soybean production is expected to increase by 22.
6 million tons to 385.
5 million tons.
Brazil’s soybean production is expected to reach a record 144 million tons, while Argentina’s soybean production is expected to increase by 5 million tons to 52 million tons.
Global production of high-oil oilseeds (sunflower seeds and rapeseed) is expected to increase by 6% compared to 2020/21 due to the recovery of sunflowerseed production in Ukraine, Russia and the European Union, and the recovery of rapeseed production in Canada.
Global soybean exports in 2021/22 are expected to increase by 1% to 172.
9 million tons.
The United States’ share of global exports is expected to decline, while Brazil’s share will increase from 50% in 2020/21 to 54% in 2021/22.
China’s soybean imports are expected to increase by 3 million tons to 103 million tons.
Global soybean ending stocks are expected to be 91.
1 million tons, an increase of 4.
6 million tons year-on-year, and most of the increase will be concentrated in China and Brazil.
Global vegetable oil consumption in 2021/22 is expected to be 213.
2 million tons, a year-on-year increase of 3%, mainly due to increased consumption in China and the United States.
The global end-of-term stocks of vegetable oil are estimated to be 22.
4 million tons, 3% less than in 2020/21, and will be the lowest in 11 years.
4 million tons, as the price increase encourages farmers to increase the oilseed sown area.
After the decrease in yield caused by the decline in yield last year, sunflower seed production is expected to increase.
Global soybean production is expected to increase by 22.
6 million tons to 385.
5 million tons.
Brazil’s soybean production is expected to reach a record 144 million tons, while Argentina’s soybean production is expected to increase by 5 million tons to 52 million tons.
Global production of high-oil oilseeds (sunflower seeds and rapeseed) is expected to increase by 6% compared to 2020/21 due to the recovery of sunflowerseed production in Ukraine, Russia and the European Union, and the recovery of rapeseed production in Canada.
Global soybean exports in 2021/22 are expected to increase by 1% to 172.
9 million tons.
The United States’ share of global exports is expected to decline, while Brazil’s share will increase from 50% in 2020/21 to 54% in 2021/22.
China’s soybean imports are expected to increase by 3 million tons to 103 million tons.
Global soybean ending stocks are expected to be 91.
1 million tons, an increase of 4.
6 million tons year-on-year, and most of the increase will be concentrated in China and Brazil.
Global vegetable oil consumption in 2021/22 is expected to be 213.
2 million tons, a year-on-year increase of 3%, mainly due to increased consumption in China and the United States.
The global end-of-term stocks of vegetable oil are estimated to be 22.
4 million tons, 3% less than in 2020/21, and will be the lowest in 11 years.
