It is estimated that the soybean planting area in Argentina will increase in 2000 / 01

Maya wolf, a senior oilseed analyst in Argentina, predicted that the soybean planting area in Argentina would increase by 3-5% in 2000 / 01, _Argentina is the third largest soybean producer in the world Next year's increase in total output is not only based on the increase of planting area, _Moreover, the yield per unit area is expected to be higher than that of the previous two years Drought has affected the late harvest soybean of Santa Fe Province, the main soybean producing area in Argentina Santa province accounts for 15% of the total soybean production in Argentina Mayer wolf believes that the global soybean price in the next three to four months depends entirely on the weather and crop conditions in the United States, if the weather is good, _The price is low In the past two months, Argentina's soybeans have been selling for 175-185 US dollars per ton The price is usually a stable buyer, he said, _Southeast Asia's demand is also recovering rapidly after the financial crisis Europe is also increasing its purchase This year, 85% of Argentina's soybeans are genetically modified soybeans Because of the low field management fees and high yield, genetically modified soybeans are favored by local farmers Because of the low price of sunflower seed oil, _May wolf believes that this trend is expected to reverse this year or next because of the low price caused by the large amount of palm oil stocks, _The FOB price of Okra Seed Oil is $374 / T the planting area of Okra Seed this year is 16% less than that of last year's 4.212 million hectares, and the output in 1999 / 2000 is expected to be 6.292 million tons