The result still remains 23.7 mln tons higher than 2015 – 2016, which is a new record.

The decrease was made mainly because the yield decline in Argentina down to 55.5 mln tons (57 mln tons in the previous forecast and 56.8 mln tons in 2015 - 2016).

World soybean export will be 140.11 mln tons (139.9 and 132.3).

Soybean ending stocks will be 80.38 mln tons (82.32 and 77.2). The index was lowered because of Argentina – 29.7 mln tons (31.8 and 31.95).