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Soymeal News - 2021 22 Soy production estimate for India unchanged at 11.5 million tons : USDA
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2021-22 Soy production estimate for India unchanged at 11.5 million tons : USDA

According to USDA Nov’22 report, 2021-22 Soy production estimate for India was kept unchanged at 11.5 million tons as compared to previous month estimates, However last year it was 11.9 MMT. US soy production increased slightly to 120.70 MMT as compared to previous month’s estimate of 118.26 MMT while last year it was 117.37 MMT.

However, Argentina’s 2022-23 soy production estimate was slashed by 0.5 MMT to 49.5 MMT  Vs 51 MMT  previous month estimates and previous year at 43.9 MMT, Brazil soy production kept unchanged at 152 MMT compared to 144 MMT previous month estimates while last year it was 127 MMT.