Transcription of World Agricultural Supply and Demand Estimates
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World Agricultural Supply and Demand Estimates
World Agricultural Supply ISSN: 1554-9089. and Demand Estimates Office of the Agricultural Marketing Service Economic Research Service Chief Economist Farm Service Agency Foreign Agricultural Service WASDE - 622 Approved by the World Agricultural Outlook Board March 9, 2022. NOTE: Russia's recent military action in Ukraine significantly increased the uncertainty of Agricultural Supply and Demand conditions in the region and globally. The March WASDE. represents an initial assessment of the short-term impacts as a result of this action.
global demand growth. Global 2021/22 soybean trade is reduced 6.4 million tons to 158.6 million, with lower exports for South America that are partly offset by higher U.S. exports. Imports for China are reduced 3 million tons to 94 million. Other markets with lower imports include Russia, Bangladesh, Egypt, the EU, Pakistan, Argentina, and Belarus.
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