Monday, 18 July 2016
USDA: in 2016/17 MG in the world will be made a record amount of soybeans
In the July report, USDA analysts increased the forecast of world soybean production in 2016/17 MG to 2.25 million tons - up to 325,95 million tons
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The upward adjustment was characteristic first of all for USA - 105.6 million tons and Canada 6.25 million tons.
The forecast of world soybean exports was increased by 0.54 million tonnes to 138,26 million tons, also at 6.62 million tons higher than in 2015/16. Adjustment of affected United States - 52,25 million tons and Canada - 4.15 million tons.
The forecast of world stocks of soybeans in 2016/17 MG was increased to 67.1 million tonnes, against the previously announced 66,3 million tons, which is inferior to the anticipated in 2015/16 result in 72.17 million tonnes.
Translated by service "Yandex.Translation"
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