Prospect of global oilseed Market

Introduction: this month, the world's oil seed production is expected to increase by 142000 tons, almost 323 million tons The world soybean production will increase by 270000 tons, and the oil seed production will increase by nearly 200000 tons, offset by the expected decrease of 255000 tons in cottonseed production and 70000 tons in sunflower seed production In 2001/02, soybean production in Argentina is expected to increase by 750000 tons, reaching 28 million 750 thousand tons Rainfall delays the sowing of sunflower seeds, but benefits SHORTER-SEASON soybeans The increase of soybean production in Argentina was higher than that in Canada, which was reduced by drought Canada's rapeseed production increased by 200000 tons to 5 million tons, mainly the per unit yield In India, the weather is bad, the pests are rampant, and the cotton production is reduced by 180000 tons The world's sunflower seed production has declined slightly, mainly due to the 100000 ton production reduction in Romania and Russia, offsetting the 130000 ton increase in Hungary The supply of sunflower seeds in the world is expected to be more tight, which will help stabilize prices and improve returns for growers This month, the world's major oil seed exports are forecast to increase by 900000 tons to 71.6 million tons The increase was mainly due to an increase of 545000 tons and 400000 tons in soybean exports from the United States and Argentina, respectively Rapeseed exports are expected to increase by 120000 tons, of which Canadian rapeseed exports increased by 100000 tons to 2.55 million tons The export of sunflower seeds is expected to decrease by 95000 tons, of which 160000 tons are decreased in Russia and 15000 tons in Romania, respectively The decrease is more than 50000 tons more than that of Hungary and 20000 tons more than that of Bulgaria This month, the export volume of sunflower seeds from Russia and Ukraine is expected to drop sharply, from 370000 tons to 1.8 million tons in total, mainly due to the adjustment of the government, which aims to leave more sunflower seeds reduced to domestic crushing plants so as to export more oil This month, the world's oil seed crushing capacity increased by more than one million tons Soybean and sunflower seeds increased the squeezing capacity by 1.2 million tons and 129000 tons respectively Among them, the increase of soybean pressing volume mainly depends on the EU and Argentina, which increased 775000 tons and 600000 tons respectively this month The main reason for the increase of squeezing profit in EU countries is that soybean meal is used to replace meat and bone meal as feed, the demand for soybean meal is increasing, and soybean oil is also used to replace rapeseed oil and sunflower oil In 2001 / 02, the world's oil seed export is predicted to increase slightly this month, reaching 35.6 million tons The increase of soybean oil export partially offsets the decrease of olive oil export The main reason for the increase in soybean oil exports is that China has increased its soybean oil imports by 200000 tons The world oilseed inventory decreased by 622000 tons, including 687000 tons of soybean inventory and 50000 tons of rapeseed inventory due to increased exports (author:) share to feed Weibo share to: