This month the United States Department of Agriculture (USDA) estimates that the World Soybean Production 2016/2017 will be 345.96 million metric tons, around 5.18 million tons more than the previous month's projection.
Soybean Production last year (*) was 313.02 million tons. This year's 345.96 estimated million tons could represent an increase of 32.94 million tons or a 10.52% in soybean production around the globe.
(Values in Metric Tons)
United States: 117,208,000
Next Update will be May 10, 2017.