Development of G3 Soybean Production 2018
9
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by Mohd Izham Hassan
The total global soybean production in for 2018 is not expected to exceed 340 million MT compared to the 2017 season which was 348 million MT and. This is a reduction of about 8 million MT. The three main soybean producing countries, USA, Brazil and Argentina (known as G3 soybean producers) will play an important role in the supplies of soybeans. Together, these three countries are expected to produce 275 million MT or 81% of the global production. This paper will look into the various aspects in the prospects of the development of soybean production in the G3 countries in 2018. An overview of previous production patterns will be presented and will give our forecast.
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