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MSZ: imports of soybeans in the EU will fall to 13.5 million tonnes in 2016-17
In its latest report, the experts of the International grains Council (IGC) has estimated soybean production in the European Union 2016-17 season at 2.1 million tons
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Previously, prospects were higher by 0.2 million tons. The current forecast is inferior to the previous crop year by 0.2 million tons.

Beginning stocks of the above crops in the current report are estimated at 0.9 million tons. Earlier, analysts adhere to the same expectations. We will remind, in the beginning of the 2015-16 MG in the bins of the EU, there were 1 million tons of soybeans.

The amount of the offer amount in ERUs 2016-17 MG, according to the latest data, would amount to 16.5 million tonnes. Earlier prediction was appropriate. We will remind, the volume of supply of last season ahead of the current estimate of 0.6 million tons.

Imports of soybeans in the unit, according to the current expectations of analysts, will decrease compared to the 2015-16 season by 0.3 million tons to 13.5 million tons. Previously, experts estimated this figure by 0.2 million tons lower, reports IA "Kazakh-Zerno".

Soybean exports of European origin in 2016-17 MG in this report is projected to be $ 0.1 million tons, as in the previous two seasons.

Meanwhile, the consumption of oilseeds in the unit during the period under review, according to current report, is equal to 15.5 million tons. Earlier, the experts were 0.2 million tons less. While in the 2015-16 year, this figure amounted to 16 million tons.

The amount of carryover reserves of soybean in the European Union by the end of the 2016-17 season, could amount to 0.9 million tons, as in the previous year. A month earlier, analysts gave a slightly more optimistic Outlook.



Translated by service "Yandex.Translation"
Источники: КазахЗерно
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