While a month earlier, analysts ' expectations were more optimistic than 1 million tons. Meanwhile, the indicator of the 2014-15 season has exceeded expectations by 1 million tons. Recall that in the 2013-14 year farmers all over the world gathered around 284 million tonnes of crops. The index of world production of soybeans in 2012-13 amounted to 272 million tons.
Initial stocks crops in the world during the period under review, according to the latest data, can reach 34.8 million tonnes. In early July, analysts gave a more pessimistic Outlook, namely by 2.1 million tons below. In the previous year the reserves were 2.4 million tons greater.
Offer of soybean in the world market in 2016-17 season is projected to be $ 356,1 million tons. In the previous report this figure was below the expected 3.8 million tons. A year earlier, the volume of supply of oilseeds in the world market amounted to 353 million tonnes.
The volume of trade soybeans on the world market, according to experts of the IGC, will amount to 135 million tons. Previously, prospects were 1.6 million tons modest. It should be noted that the current estimate of 4.2 million tons exceeds the index of the 2015-16 MG.
Consumption is forecast to 2016-17 MG made in the updated report of 327 million tonnes. In the past month, assessed against the volume of use was equal 324,5 million tons. In 2015-16 season, the prospects are modest at 8.4 million tons, said the IA "Kazakh-Zerno".
The size of the final inventory of crops in the world in 2016-17 MG in this report is projected at 29.5 million tons. In early July, the index was expected at 1.7 million tons less. A year earlier, the reserves of soybeans in the world can reach 34.8 million tons, and in the 2014-15 season carryover stocks were at 7.7 million tons higher than current estimates.
Translated by service "Yandex.Translation"