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USDA: world production of soybeans in 2017/18 MG will be reduced by 6.7 million tons
According to the updated report of the analysts of USDA, world soybean production in 2017/18 MG will be 344,7 million tons, 6.7 million tons less than in season 2016/17
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Estimates of harvest for key global suppliers of products has not been revised. World exports of oilseeds are expected to be 149,06 million tonnes, 4.4 million tonnes FY 2016/17 MG. The rate of shipments has been lowered for Argentina to 8.5 (9; 8,5) million tons.

Forecast world ending soybean stocks increased by 3.4 million tons to 92.2 million tons, only slightly inferior to the record result of the season 2016/17 (93,2 million tonnes) and will be the second highest result in the history.

Photo: Chengdu.all.biz



Translated by service "Yandex.Translation"
Источники: АПК-Информ
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