USDA supply and demand report soybean data summary
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Last Update: 2001-11-12
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Source: Internet
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Author: User
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Introduction: the average forecast of the total soybean production market in the United States is 2.907 billion bushels This month, the U.S Department of Agriculture announced 2.923 billion bushels In October, the forecast is 2.907 billion bushels In 2000, the total soybean production is 2.77billion bushels Argentina's total soybean production is 28 million tons, up 1 million tons from the October forecast, and Brazil's total soybean production is 41.5 million tons, unchanged from October It should be noted that the USDA's forecast for China's soybean production this month increased by 0.3 million tons, while the total output of China's soybean this year was 15.3 million tons, while the import forecast remained unchanged, still at 14.0 million tons The increase of soybean production in the United States is mainly reflected in the increase of per unit yield The areas with the increase of per unit yield are Iowa, Louisiana and Wisconsin, and the areas with the decrease of per unit yield are Minnesota, North Dakota and Ohio There is no change in yield in Illinois or Indiana Overall, this month the U.S Department of agriculture raised its national average yield to 39.4 bushels per acre, up from last month's forecast of 39.2 bushels per acre.
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