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U.S. soy market expects another record for processing
According to polls Reuters, in February, the refiners, the U.S. set another record soybean processing is the fourth month in a row
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A report by the National Association of processors of oilseeds USA (NOPA), the publication of which will take place today, experts expect to see the processing 149,443 (+4.7% by volume for the same month of 2017.), that will be higher than the previous maximum reached in February 2010. – 148,351 million bushels. soy

Waiting for processing along with the weather conditions in Argentina continue to support soybean futures in Chicago, which strengthened for the month is 7.3%, informs UkrAgroConsult.

Stocks of soybean oil may continue to grow and will amount to 1,766 billion pounds (1,728 billion pounds at the end of the previous month), which will be lower compared to the same date last year (1,770 billion pounds at the end of February 2017.). Stocks of soybean oil can achieve the maximum from March 2017.

Photo: agrostory.com



Translated by service "Yandex.Translation"
Источники: УкрАгроКонсалт
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