Oil world: the world's increasing dependence on soybeans
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Last Update: 2002-06-04
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Source: Internet
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Author: User
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Introduction: Hamburg 31 news: according to the revised forecast report of German Journal oil world, it is estimated that the world's soybean crushing volume in 2001-02 (October September) will be 159.1 million tons, a sharp increase from 11.3 million tons in the last quarter The United States benefited from the fact that Argentine farmers were reluctant to sell and Argentine soybean exports were delayed "Oil world" has adjusted its forecast of soybean crush and export volume of the United States to nearly 500000 tons from the previous estimate "Oil world" also predicted that in the next few months, Argentina's soybean crushing volume will increase to above the same period last year, making the total crushing volume from March to August reach a record 11.1 million tons Moreover, by the end of August, Argentina's soybean stock may be very large, reaching 13.3 million tons.
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