The upward adjustment was made at the expense of Brazil to 108 (107; 114,1) million tons. In turn, the US assessment was slightly reduced - up to 120,44 (120,58; 116,92) million tons.
Forecast world oilseed exports for the season was revised upwards by 2 million tonnes to 152,43 (150,97; of 147.66) million tons. It is noted that the overall assessment was increased at the expense of the countries of South America. In particular, the revised forecast for Brazil – 65 (64; of 63.14) million tons Paraguay – 6 (5,5; 6,6) million tons.
The estimate of world ending stocks of soybeans increased by 1 million tons to 97.89 (96; 96,3) million tons. The largest volumes of carryover stocks is expected in Argentina – 37,55 (37,13; 36,5) million tons and Brazil – 22,26 (21,96; 24,76) million tons. In turn, the US assessment adjusted downward - to 11.57 (of 11.71; 8,2) million tons.
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Translated by service "Yandex.Translation"