The U.S. soybean stock will decrease, and the world soybean market will rely more on South China

Introduction: Hamburg's "oil world" said in the January 18 edition that by the end of February, the U.S soybean inventory will be reduced, which will increase the dependence of the world soybean market on South American soybean since March Although soybean acreage has increased significantly in Brazil and Argentina in South America, the loss caused by drought is still worrying, the Journal said It said the weather in central and South America in the next few weeks will generally be the main factor influencing the price changes in the soybean market It also said that the recent unexpected increase in US soybean crush and export volume was due to strong international market demand, seasonal decrease in South American soybean supply and stagnation of Argentine soybean export due to political and economic problems "We estimate that U.S soybean consumption in September February 2001 was 2.9 million tons higher than the same period a year ago," the Journal said Because the re estimated soybean production in the United States last year will be less than the original one, the total soybean supply in the United States will only increase by 2.5 million tons, and the soybean inventory in the United States by the end of February will be only 37.8 million tons, which will be 400000 tons lower than the level of the previous year World soybean meal demand this year, especially from Asia and Europe, also increased more than expected According to the latest data, from September to December 2001, soybean meal exports from the United States, Argentina, Brazil, China and India totaled 13.3 million tons, an increase of 23% over the same period last year At the same time, the world market demand for soybean oil also increased Much of the increase in world imports is due to the increase in domestic demand in these countries, but also to fill the gap caused by the decrease in the supply of sunflower oil, fish oil and rapeseed oil (author:) share to feed Weibo share to: