According to analysts of the Association of vegetable oils producers of Brazil (Abiove), in 2017/18 MG, the volume of processed soybeans in the country will reach a record 41 million tons, which will lead to maximum for all time of observations the production volumes of soybean oil and meal, according to The Soybean & Corn Advisor.

So, the volume of production of Brazilian soy oil in the next season are expected to reach 8.1 million tons, soybean meal is 31.1 million tonnes. These estimates are made based on the updated final estimates of production of oilseeds in 2016/17 MG, which amounted to 112.5 million tons.

Exports of soybeans from Brazil to 2017/18 MG will amount to 61.7 million tons, ending stocks – 11.1 million tons.

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