The global soyabean carryover is set to rise further over the forecast period and to stabilise at a much more comfortable level of around 39m t, equivalent to more than 12% of total use, compared to 10.5% at the end of the 2012/13. Assuming favourable weather conditions and good crop outcomes, major exporters’ inventories are projected to rise moderately over the next five years, to nearly 14m t, compared to about 12m t in 2013/14.