It is reported that Abiove said soybeans of Brazin in 2019/2020 have been sold out; the export of soybeans in 2020 is expected to reach 82 million tons, lower than 83.2 million tons record in 2018; the soybean inventory in the end of 2020 is expected to reach 319,000t, which is the lowest record in the history. As predicted by Abiove, Brazil may produce 131.7 million tons soybeans in 2020/2021 season. In 2021, Brazil predicts to export 83.5 million tons soybeans, and domestic soybean consumption may be 45.8 million tons, creating a historically new record; the year-end inventory is expected to be 219,000t, a lowest record in history.