World soybean meal supply will continue to grow at a high speed in 2001-02
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Last Update: 2001-09-04
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Source: Internet
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Author: User
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Introduction: oil world news: due to the sufficient supply of soybeans, it is expected that the soybean crushing volume will increase by 5.9% from October 2001 to September 2002 This will be the second highest growth in the past five years With the increase of 1.2 million tons of soybean stocks in the world, the soybean meal supply in 2001 / 02 will be very sufficient We can now expect the world soybean meal supply (beginning inventory plus production) to increase by 6.7 million tons in 2001 / 02 But the growth will be lower than the 7.3 million tons this year Production growth will be reflected in the world's major production areas, especially in the fast-growing Argentina, China and India Soybean crushing in the EU and the US will also continue to grow, although it will slow down from this year.
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