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Ministry of Agriculture and Rural Affairs: This month’s forecast of China’s soybean supply and demand outlook for the 2026/27 crop year remains unchanged from last month

K-LinePoet
According to the Ministry of Agriculture and Rural Affairs, this month’s forecast for China’s soybean supply and demand outlook for the 2026/27 crop year remains unchanged from last month. In the current main producing areas, old soybeans in farmers’ hands are nearly depleted, and market trading is quiet. In Northeast China, the sowing of new-season soybeans has essentially been completed. For most areas, light, temperature, and water conditions are favorable, supporting seedling emergence and growth. In the global market, Brazil’s soybean harvest has been completed, with production once again reaching a record high. Argentina’s soybean harvest is close to finishing, and production is expected to be in line with last year. In the United States, the planted area of new-season soybeans has increased compared with last year. Currently, weather in the main producing areas is good and soil moisture is sufficient, with smooth soybean emergence and strong expectations for a bumper crop.
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