The volume of raw materials available to processors at the moment, very limited, as farmers prefer to hold the beans in the stock, expecting further increase in prices. In addition it is still very humid weather is bad for the quality of the harvest and caused difficulties during transport, according to OilWorld.

If current conditions continue, the monthly volume of soybean in Argentina will probably remain at the level of 4 million tons in August and September of this year. Given the situation in Argentina and the limited potential for activation of soybean in Brazil, expect a corresponding increase in the volume of soybean processing and expansion of export supplies of soybean oil and cake and meal from the United States.

The total volume of soybean the three largest manufacturers in the world (USA, Argentina and Brazil) are expected on indicators July 2016 in comparison with the corresponding month of the previous year will decrease by 4%, while overall in April-June 2016 will be slightly less than 36.5 million tons.

The continuing decline in soybean exports of the five largest exporting countries (Argentina, Brazil, USA, Paraguay, Uruguay) is explained primarily by lower shipments in China. By the end of June-July of the current year total exports of soybeans to China declined by 20% in comparison with the result of the same period last year and amounted to 14.0 million tons. This is accordingly reflected in the stock levels of culture in China and the current increase in procurement in the United States. It is worth noting that soybean exports to the EU showed a reduction in July of this year, but overall has increased significantly at the end of September-July 2015/16.