The USDA is expecting an estimated 34% reduction in yield this year.
A USDA report on soy production says that worldwide production is falling significantly.
USDA says that the 5 million tons of soy produced during the 2011–2012 season is a 40% drop from last year. Harvested land for soy is also 9% lower than last year. The USDA is expecting an estimated 34% reduction in yield this year.
Decreased soy production is largely attributed to less-than-ideal rainfall in key growing regions. Lead soy producers taking a hit during this season include Paraguay, Argentina, and Brazil. Read the nation-specific details in the report (linked above).
The Nutritional Outlook Podcast Episode 33: Keeping up with contract manufacturing
July 26th 2024Nutritional Outlook talks to Lauren Samot, commercial innovation leader, and Blayney McEneaney, sales executive at Vitaquest International, about trends within the contract manufacturing space, and the ways in which contract manufacturers like Vitaquest keep up with the market and differentiate themselves from the competition.