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South Africa: harvest of soybeans in 2017/18 MG reached 1.32 million tons
According to the updated report, analysts of Oil World, the harvest of soybeans in South Africa in 2017/18 MG (cleaning of which was completed in the spring) amounted to a record 1.32 million tonnes against 0.74 million tons a season earlier
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In this regard, analysts predict that imports of oilseeds in the country this season may be reduced to 0,03 (0,27) million tons, and its ending stocks will increase to 165 (80) thousand tons.

At the same time, despite a record gross collection of domestic processing of soybeans in March-August 2017 fell 19% per year. Thus, the current measure of total processing per year (1 million tons) may be somewhat overstated, analysts predict.

In addition, it is noted that the decline in domestic processing of soybeans in South Africa has led to the need for more active processing of sunflower seed, which in June-August increased significantly.

Photo: ua.all.biz



Translated by service "Yandex.Translation"
Источники: АПК-Информ
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