According to the USDA monthly report, the US soybean production for 2024/2025 is expected to be 4.45 billion bushels in May, and the market is expected to be 4.453 billion bushels.
USDA May Supply and Demand Report: US Soybeans
① In May, the US is expected to grow 86.5 million acres of soybeans in 2024/2025;
② In May, the US is expected to harvest an area of 85.6 million acres of soybeans in 2024/2025;
③ In May, the US soybean yield is expected to be 52 bushels/acre in 2024/2025;
④ In May, US soybean production is expected to be 4.45 billion bushels in 2024/2025;
⑤ In May, the total supply of soybeans in the US 2024/2025 is expected to be 4.805 billion bushels;
⑥ In May, the US is expected to press 2,425 billion bushels of soybeans in 2024/2025;
⑦ In May, US soybean exports in 2024/2025 are expected to be 1,825 billion bushels;
⑧ In May, the total soybean consumption in the US 2024/2025 is expected to be 4.36 billion bushels;
⑨ In May, the US 2024/2025 soybean inventory is expected to be 445 million bushels at the end of the fiscal year.
US soybean supply and demand balance table
Forecast of US crop production and yield for 2024/25
US 2024/2025 crop year-end inventory forecast
US 2023/2024 crop year-end inventory forecast
