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World production of soybean meal may become a record
According to estimates of analysts of Oil World, world production of soybean meal in 2017/18 MG will increase by 4.1% in the year to 231,5 million tons and will be a record
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Global consumption of products can also reach a maximum for the entire observation period 231.6 million tons, which will exceed last year result of 4.6%. At the same time, world exports of soybean meal will increase not so significantly – by 2 million tons per year, to 67.5 million tons.

Recall that since the beginning of July in the world market of soybeans and by-products the growth of prices, due to adverse weather conditions in the United States.

In addition, the observed in many countries, dry weather, according to experts, can lead to the reduction of gross yield of grain crops, reducing global supply of feed grains, thereby increasing demand for soybean and its by-products.

Photo: agroserver.ru



Translated by service "Yandex.Translation"
Источники: Oilworld
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