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Forecast: consumption of soybeans in the U.S. will increase to 55.7 million tonnes
According to the current report of the International Union for grain (IGC), soybean production in the US in the 2016/17 season could reach 105 million tons
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Informed prospects by 1.5 million tons more pessimistic. This forecast is lower than in the previous crop year to 1.9 million tonnes.

The projected primary reserves of the above crops in the current report revised downwards, against earlier expectations of a 0.6 million tons to 9.5 million tons. At the beginning of the 2015/16 marketing year, the U.S. reserves were much smaller than the soybean, namely 5.2 million tons.

The size of the crops in the state in 2016/17 MG, according to the latest report, will amount to reach 115.3 million tons. Previously the forecast was for 0.9 million tonnes lower. We will remind, the volume of supply in the previous season, equal of 112.8 million tons.

In the period under review, US imports around 0.8 million tons of soybeans, the IGC analysts expect. Recall that in the 2015/16 season, the volume of imports is estimated at slightly more modest.

Export sales of soybeans of us origin in 2016/17 MG in this report is estimated at 52.3 million tons. In the past reporting period, the experts gave a more modest forecast of 51.7 million tons. A year earlier, the United States put abroad 48.9 million tons of oilseeds.

Forecast of consumption of crops in the country during the period under review, according to current report, is equal to 55.7 million tons. Earlier, the experts were slightly lower. At the same time in the 2015/16 year, the figure is estimated at 1.3 million tons less.

Carryover stocks of soybeans in the United States in the 2016/17 season promise to shrink by only 2.2 million tons compared with the previous year to 7.3 million tons. A month earlier, prospects for another 0.2 million tons modest.



Translated by service "Yandex.Translation"
Источники: Agro2b
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