More soy, less oilseeds expected

Global soy production will increase by 100,000 tons compared to the December forecast, to a rounded 399 million tons. This is stated in the most recent Wasde report, published last Friday, for the 2023-2024 season. Less sunflower seed production Higher production is expected In countries such as the US, Argentina, Russia and China. Whereas in Brazil, this has been adjusted downwards in a number of production areas as a result of weather conditions. Global closing stocks are estimated at 114.6