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Friday 16 September 2016 MONTHLY September 16 (click for key items)      

Highlights of This Issue

The following are the headlines of the respective OIL WORLD WEEKLY/MONTHLY

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  • The global dependence on soybeans will continue to rise in 2016/17. Insufficient supplies of rapeseed & canola as well as of palm oil (at least until early 2017) will stimulate increased soybean crushings...
  • South American soybean planting prospects have deteriorated, limiting the extent of the supply recovery in early 2017...
  • We estimate US soybean exports to increase sharply by 5.0 Mn T to almost 45 Mn T in Sept/Febr 2016/17, likely to be followed by a year-on-year decline in March/Aug 2017...
  • We forecast world production of oils and fats to increase massively by about 10 Mn T to 213.7 Mn T in Oct/Sept 2016/17, exceeding consumption estimated at 213.1 Mn T...
  • World sunflower oil exports are likely to increase to a record 9.1 Mn T in Oct/Sept 2016/17, up from 8.3 Mn T this season, probably exceeding the yearearlier level already in Oct/Dec...

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