“Global soybean supply and demand forecasts for 2025/26 call for increased supply, increased processing, reduced exports, and increased ending stocks. (…) The biggest surprise came from Ukraine, where production was sharply increased by 1 million tons to 7.6 million tons. This is not only higher than the previous forecast, but also exceeds last season’s record (7 million tons).Global soybean production has been increased due to an increase in the production forecast for Ukraine based on government data on the progress of sowing,” the report notes.
The forecast for global soybean production in 2025/26 MY has been increased by 0.86 million tons to 427.7 million tons, exports have been reduced by 0.8 million tons to 187.6 million tons, and final global soybean stocks have been increased by 0.77 million tons to 126.07 million tons.
