As specified, the upward adjustment was due to improved prospects of oilseeds production in the United States, as well as favorable weather conditions in South America, mainly in Brazil.

So, in the U.S. soybean crop is projected by experts at 116.2 million tons compared to 113 million tonnes, announced in September, and of 106.9 million tons in 2015/16, in Brazil, at 101 (100; 95,4) million tons. In addition, a marked increase in the production of culture is expected in India and 11.5 (11,2; 8,6) million tons. At the same time, for Argentina this indicator was lowered to 55 (56; 58,5) million tons.

Global supply of oilseeds in 2016/17 MG is estimated at 365,1 (360; 352,9) million tons, export – 137,5 (137,3; 132,9) million tons. Consumption of soybeans will increase to 331,8 (331,1; 320,3) million tons, ending stocks – to 33.4 (28,9; or 32.7) million tons.