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IGC: world production of soybeans will reach 336 million tonnes in 2016-17 MG
According to the updated estimates of the International Grains Council (IGC), world soybean production in 2016-17 MG can reach 336 million tons. While a month earlier, analysts ' expectations were modest at 3.6 million tons
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Meanwhile, the indicator of the 2015-16 season was much lower - 315,2 million tons, reports IA "Kazakh-Zerno".

Assessment in respect of the initial stocks of this crop in the world in the forecast period in this report recorded at around 34.1 million tons. The specialists gave a more modest forecast, and that is 1.4 million tonnes lower. At the beginning of the previous year reserves were 3.8 million tons greater.

Meanwhile, the supply of soybeans on the world market in 2016-17 season is projected at 370,1 million tons. The previous report was promised this figure of 5 million tons lower. A year earlier, the size of the proposal oilseeds in the world market amounted to 353,1 million tons.

The volume of trade soybeans on the world market, according to experts of the IGC, there will be 137 million tonnes. Last month the rating has been adjusted downwards by 0.5 million tons. It should be noted that the current estimate of 3.6 million tonnes ahead of the figure 2015-16 MG.

Forecast of consumption of soybeans in the current marketing year in this report amounted to 332,3 million tons. In last month's assessment as to the extent of use was 0.5 million tonnes more modest. In the 2015-16 season, this figure was equal to 319 million tons.

World carryover stocks of agricultural commodities in 2016-17 MG, according to the current report, are forecasted in the amount of 37.8 million tons. At the beginning of last month the figure was expected at 4.4 million tons less. A year earlier, the reserves of soybeans in the world amounted to 34.1 million tons, and in the 2014-15 season - to 37.9 million tonnes.



Translated by service "Yandex.Translation"
Источники: КазахЗерно
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