IAG Blog Archives:   by Tag: usa

February 5, 2018 | | soybeans usa

The World Will Need More Soybeans From the U.S.

The US has become the crucial supplier of soybeans to the world. World soybean usage has grown from 277mmt in 2013 to 345mmt in 2017. IAG is projecting usage to grow to 359mmt for the 2018 crop year. That’s over 15mmt growth per year.  The US has supplied the largest portion of that growth since 2013. (see chart) Since 2013 the US production has grown 33% faster than Brazil.

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