Favorable weather conditions, expanded planted acreage and better yields, is set to see better soybeans production in the coming marketing year beginning September 2018 versus last marketing year. Brazil is set to overtake the traditionally largest soybeans supplier United States for the first time this year, while Argentina is set to see a rebound following dismal weather disrupted production in 2017. Collectively the G3 countries are expected to see an increase of 5.43% production in 2018-19, led by Argentina. However the bullish production scenario has not been met with corresponding bullish off-take, mainly due to negative international trade outlook emanating from U.S and China tariff war. The series of sporadic announcement by the U.S on a range of Chinese imports followed by retaliatory announcement by China on U.S imports has now progressed to target soybeans among others, constraining export demand. In addition, logistical issues in Brazil triggered by fuel strike have choked up soybeans trade flow from Brazil. While the perpetual pressure from the European Union on curtailing food based biofuel feedstock been gaining momentum once more. Furthermore recent increases in import duties on soft oils by the Indian government set to depress soybeans import share into the country while increasing competitiveness to palm oil. These are some of the critical issues facing soybean trade for the rest of the 2018 and into half of 2019. This paper explores the production outlook and the trade constraints governing the sector and some implication on price outlook.