Global Market Overview of Soybeans

The report provides a global overview of production, consumption and prices of soybeans. Soaring input costs and supply disruptions put pressure on soybean producers and add more volatility to the market. Meanwhile, dry weather in South America has resulted in tightened global supply in 2021/2022, adding to upward pressure on soybean prices. Over the long term, rising demand for animal protein from the world's growing population is set to support consumption of soybeans, an important feed input.

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