The world oilseed harvest for the 2020/2021 season is projected to increase by 3.34% to 595.68 million tons, driven by improved forecasts in the United States and South America. The USDA reports a 15.60% increase in US production, and a 4.13% rise in South American production, led by Brazil. However, there are expected setbacks in China, the European Union, and other countries. The global soybean harvest is expected to reach 362.05 million tons, marking a 7.60% increase, primarily due to the rebound forecast for the United States and India. In contrast, the world harvest of sunflower seeds is projected to decrease by 10.02% due to a significant drop in production in Russia. The production of rape is estimated to remain slightly above the previous season, with a slight increase forecast for the European Union.