The U.S. Department of Agriculture, in the WASDE Report of September 2015, shows for the season 2015-16 the estimates of a decreasing global production both for Corn (978.10 Mio t) and Soybean (319.61 Mio t).
The forecasts reflect lower expected Corn crops in the U.S. (-0.7%), in the E.U. (-6.8%), with small reduction also for the Philippines, Moldova, Serbia and Thailand.
U.S. Soybean production is forecast at 107.10 Mio t, +0.5% due to a higher yield forecast. Soybean production is reduced for Ukraine and Canada.
Higher EU Barley and Wheat feeding more than offset reductions for Corn and Oats.