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IGC: forecast of global soybean production increased
World production of soybeans in 2017/18 MG will be 348 million tonnes, 3 million tonnes more than the expected values 2016/17 MG (345 million tonnes), according to IGC
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It is noted that compared with the 2015/16 soybean production will increase by 33 million tonnes.

Global trade in soybeans in 2017/18 MG is projected at 146 million tonnes, 5 million tonnes more than the projections 2016/17 MG (141 million tons).

Regarding ending stocks for soybeans in the following season, they can be reduced to 38 million tonnes (-2 million tonnes).

Photo: sfm.events



Translated by service "Yandex.Translation"
Источники: Latifundist.com
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