U.S. soybean exports increased, but its share in the world market decreased
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Last Update: 2001-12-14
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Source: Internet
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Author: User
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Introduction: although U.S soybean exports are expected to be a record in 2001 / 02, the U.S share in the world soybean market has declined, according to a report released on Wednesday by the U.S Department of agriculture's Overseas Agricultural Bureau U.S soybean exports are expected to reach a record 27.2 million tons in 2001 / 02, partly due to increased world demand and increased U.S soybean production However, the share of U.S soybean exports in the world has continued to decline Since 1999 / 00, the share of U.S soybean exports in the world market has decreased from 57% to 46% South American soybean exports continued to grow, accounting for most of the growth in world soybean demand Argentina is the country with the most significant increase in exports In 2001 / 02, soybean exports more than doubled compared with 1999 / 00, reaching 9 million tons Since 1999 / 00, soybean farmers in South America have been able to continuously increase their output, with an increase of nearly 16 million tons or 29 percentage points Combined with the active marketing of soybeans, the export market share of soybeans in the United States decreased The situation of soybean meal is better The share of U.S soybean meal exports in the world market has only slightly decreased, and is expected to reach 16% in 2001 / 02 (author:) share to feed Weibo share to:
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