Global soybean meal prices will decline from April due to oversupply
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Last Update: 2008-11-03
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Source: Internet
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Author: User
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Introduction: according to the German oilseed journal oil world, the global soybean meal (soybean meal) price is likely to decline from April From October 2004 to September 2005, the journal predicted that the global soybean meal production would be 139.8 million tons, an increase of 6% over the previous year, exceeding the estimated consumption of 138.8 million tons this year "Soybean meal stocks will pick up by the end of September 2005, and may face some downward pressure from April With the listing of new soybean in South America, the global soybean meal supply will become more abundant from April to September this year," oil world said
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