Brazilian soybean cultivators have sold about 58% of the projected crop production in the current season due to reserve selling by the farmers in hope of better price in future. About 76% of the produce is sold by this time during the same period LY. The average for this period of the year stands at 74%. Brazil 2016/17 soybean crop production is projected at 113.3 MMT. This translates into total soybean exports by Brazil at 66 MMT until 5 June.