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HAMBURG, May 4 (Reuters) - Hamburg-based oilseeds analysts Oil World said on Tuesday it has raised its forecast of the global 2009/10 soybean crop to 258.2 million tonnes, up 2.7 million tonnes from its previous forecast in March and up by 46.5 million tonnes from last season.
This would be above Oil World's forecast global 2009/10 soybean consumption of 234.2 million tonnes.
There was "no doubt" that world soybean supplies were now becoming excessive, it said.