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Canada: forecast 2015/16 soybeans a little different from the previous
Expert forecast for the oilseed this season shows no global changes compared with the previous
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In July of this year experts have estimated soybean production in Canada in the 2015-16 season at 6.2 million tons. Previously, prospects were similar. This forecast is ahead of the index of the last harvest of the year by 0.2 million tons, writes the News Agency Grain Online.

The amount of the initial stocks of the above mentioned crops in this report is estimated at 0.5 million tons, as before. At the beginning of the 2014-15 marketing year in the bins Canada, there were only 0.2 million tons of soybeans.

The size of the crops in the state in 2015-16 MG, according to the July report of the authorities, is 7 million tons. Previously the forecast was the same. It is known that the volume of supply in the last season was equal to more than 6 million tons.

Canada purchase abroad of about 0.3 million tons of soybeans this year, the same rate as was observed last season.

Export sales of soybeans canadian origin in 2015-16 MG in the current report are projected at 4.2 million tons. In late may, the experts gave slightly more modest forecast. A year earlier, Canada has put abroad 3.9 million tons of oilseeds.

Forecast of consumption of crops in the country in the period under review, equal to 2.4 million tons. Earlier, the experts were slightly higher.

The ultimate reserves of soybeans in Canada in the 2015-16 season promises to shrink just 0.1 million tons compared to the previous year, when they shrank to 0.4 million tons.



Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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