Global soybean production forecast in 2004 / 05 lowered by oil world
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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 industrial journal oil world in Hamburg, Germany, the global soybean output in 2004 / 05 is expected to be 223 million tons, slightly lower than the 225 million tons predicted in the report on December 17, but far higher than the 185 million tons of the previous year According to oil world, the global soybean consumption in 2004 / 05 was 203 million tons, lower than the forecast of 205 million tons in December, compared with 191 million tons last year Oil world said that the global soybean ending inventory in 2004 / 05 is expected to be 61 million tons, which is the same as the forecast in December, higher than the 41 million tons of the previous year
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