Based on agricultural forecasts released by representatives of the United States Department of Agriculture, the rate of production of oilseeds will decline around the world soon.

We are talking about a two percent reduction during the 2019-2020 season. It was during this period, American analysts are convinced, that around five hundred eighty-six million tons of products will be launched onto the market through the efforts of world oilseed manufacturers.

For clarity, it will not be out of place to note that in June of this year, experts, making forecasts regarding global soybean production, assumed slightly higher seasonal production indicators - up to five hundred ninety-eight million tons.

Meanwhile, agricultural producers in the United States plan to harvest at least one hundred and four and a half million tons of soybeans, despite the fact that production was previously forecasted at almost one hundred and thirteen million tons.

Analysts immediately note that in the season of 2018-2019, the soybean crop does not exceed one hundred twenty three million seven hundred thousand tons.

American producers claim that this season, the volume of exports of soybeans to the world market can grow by more than ten percent and exceed fifty-one million tons.