News > Export News
The report to predict supply and demand in the world's agricultural markets: soybean inventories are few
(
Update:
10/07/2018
)
.jpg)
Supply and demand in the U.S. this month predicted crop 2014/15 will be reduced to a small amount of stock at the beginning and end of the service. Beginning inventory reflects lower numbers of the year 2013/2014 is higher than predicted. Soybean ending season 2013/14 increased by 5 million bushels to 1,700 million tons reflecting a predicted increase for soybean meal exports
Soybean exports are projected at 11.5 million short tons, up 0.4 million compared to the previous month's prediction reflects strong export levels in the spring. Ending stocks for season 2013/2014 is projected at 125 million bushels down 5 million from last month. Ending stocks 2014/15 also reduced 5 million bushels to 325 million tons of.
Average price of soybean crop 2014/15 is projected to fluctuate between $ 9.75 and $ 11.75/bushels, unchanged from the previous month. Price of soybean meal and soybean oil is about $ 335 count $ 395 / short ton and 37 to 41 cents / pound-levels did not change from the previous month.
Global oilseed output 2014/15 is expected to reach 516.0 million tons, up 0.8 million from last month. Rapeseed production for the European Union increased by 0.5 million to 22.0 million tonnes bring prospects output, mainly to the United Kingdom, Germany, Poland, and Romania.
Other changes include increased soybean yields by the European Union and increased cotton production in the United States. Cotton production is also raised from India in 2013/14.
