Global oilseed production increased with soybean production
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Last Update: 2001-10-19
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Source: Internet
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Author: User
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Introduction: according to the U.S Department of agriculture's world market and trade report, the world's total oil seed production is expected to reach 321.3 million tons in 2001 / 02 About 11 million tons more than last year Cotton, peanut and oilseed production fell slightly, but was offset by an increase of 5.2 million tons in soybeans Brazil is expected to produce a record 41.5 million tons of soybeans in 2001 / 02, an increase of 2.5 million tons over the previous forecast Soybean production in Argentina is expected to be 27 million tons, compared with a record 79.1 million tons in the United States, an increase of 2 million tons compared with previous forecasts Ambassador Pang De's US Department of agriculture raised the world's oil seed export forecast to just over 70 million tons, with soybeans accounting for 81% of the export market This forecast is nearly 2 million tons higher than the previous forecast of the U.S Department of agriculture But it is consistent with the export in 2000 However, it is slightly different from that in 2000, soybean exports only accounted for 77% of the total oil seed export market The world oil seed crushing is expected to be 262.6 million tons, an increase of 8 million tons over the previous year, 2 million tons higher than previously predicted It is expected that soybean will once again dominate the crushing market, accounting for 58% of the market According to the USDA, squeezing in Brazil and Argentina is expected to increase significantly in the EU, with no change in the US squeezing in the October supply and demand report In 2001 / 02, edible oil production is also expected to increase by 256000 tons, reaching a record 90.6 million tons Soybean oil production increased by 400000 tons, more than the decline in palm, sunflower and cottonseed oil production However, despite the increase in production this year, the export of edible oil may be slightly lower than the previous estimate of 35.22 million tons, but it is still slightly higher than the previous year, so the ending inventory will slightly increase, and now it is expected that the ending inventory will be 7.1 million tons (author:) share to feed Weibo share to:
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