On April 12, the U.S. Department of Agriculture announced that Argentina's soybean production in 2023/2024 is expected to remain 50 million tons, with market expectations.bingowebsitesAt the same time, Brazil's soybean production in 2023/2024 is expected to remain at 1.5%bingowebsites55 million tons, compared with market expectations of 1.bingowebsites516.8 million tons.

US Department of Agriculture on soybean production in Argentina and BrazilbingowebsitesThe Group has a certain impact on the international soybean market and prices.

Investors and traders need to keep a close eye on global soybean supplies to better understand market movements.

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