IGC. Soybean market at record levels in 2023-24

Above-average supply of soybean market The IGC estimates global soybean production at a record high of 395 million t. Brazil played a decisive role in this with an increased harvest of 155 million t (previous year 126.5 million t). The new harvest due in spring 2024 is even estimated at 160 million t due to the increased cultivation area....