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The Independent Forecasting Service for Oilseeds, Oils & Meals
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Friday 11 November 2016 MONTHLY Nov 11 (click for key items)      

Highlights of This Issue

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

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  • We estimate US soybean exports at 57.8 Mn T and crushings at 53.0 Mn T in Sept/Aug 2016/17, together about 2.5 Mn T above the USDA forecast and 6.7 Mn T more than a year ago...
  • Ongoing reserved selling by Argentine farmers has magnified the decline in South American soybean crushings and exports...
  • Low stocks are seen curbing the supply growth for 8 oils to 4.5 Mn T in 2016/17. We expect demand to increase by 3.9-4.0 Mn T...
  • Total oilmeal production is expected to increase by 4-5% in 2016/17, against only 1% in the preceding season. Subdued demand currently curtails production of soya meal....

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