The United States is projected to produce 135 million tons of oilseed in 2016/17, resulting in an ending stock of 12 million tons, almost double that of 2014/15. Specifically, soya bean production is at 116 million tons with an ending stock of 10.74 million tons. The US is a major producer of soya beans in the Northern Hemisphere, indicating a large stock availability due to good crop harvesting.