The size of the reserves of the above crops at the beginning of the 2017-18 MG, according to the latest IGC amounted to 0.5 million tons. A month earlier, the forecast was slightly higher. In the previous two seasons, the volume of initial reserves recorded at around 0.6 million tons.

Meanwhile, the supply of crops in the European Union in 2017-18 MG is 17.4 million tons. Previously the Outlook was only slightly lower. The current forecast is ahead than last season to 1.3 million tons.
The import volume of soybean in the block this year, according to the current expectations of analysts, will grow compared with last season, 1.1 million tons to 14.1 million tons. A month earlier the prediction was appropriate.

While the export potential of soya European origin in 2017-18 MG in the November report is projected to be $ 0.2 million tons. In the past season sales were similar.

Consumption of oilseeds in the unit during the period under review, according to the November report, will be equal to 16.6 million tons. The October forecast incinerators were slightly lower. In the 2016-17 season, the amount of usage was 1.2 million tons more modest. While in the 2015-16 year, the figure was 16.3 million tonnes.

The ultimate reserves of soybeans in the EU in 2017-18 season may be 0.6 million tons. At the same time in the previous two seasons, the size of the carryover stocks were equal to 0.5 million tons and 0.6 million tons respectively.

Photo: agroserver.ru