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Rapeseed (Mustard Seed) News - USDA Keeps Indias Soybean Output Unchanged In Feb 2021
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USDA Keeps India's Soybean Output Unchanged In Feb 2021

In the February’21 report, the USDA has kept US 2020/21 soybean production remain at 112.5 million tonnes compared to last month however it is higher from 96.66 million tonnes in last year. It has kept Brazil’s soybean production unchanged at 133.0 million tonnes. Similarly for India, the estimates are unchanged at 10.5 million tonnes from the previous month. Soybean production in Argentina’s 2020/21 has kept similar at 48.0 million tonnes like last month. The global 2020/21 soybean production is estimated slightly higher at 361.07 million tonnes vs 362 million tonnes in the last report by USDA. World soymeal exports estimates are kept higher at 66.50 million tonnes vs 65.97 million tonnes in Feb 2021.