ISTA Mielke GmbH
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The Independent Forecasting Service for Oilseeds, Oils & Meals
Providing Primary Information --Professional Analysis-- Unbiased Opinion
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Friday 16 December 2016 MONTHLY Dec 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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  • Our S. American soybean crop estimate of 170.1 Mn T is 4.6 Mn T above last season. The Argentine crop may drop to or below 53.0 Mn T...
  • We anticipate only a moderate recovery in the 2017 EU rapeseed crop by 1.4-1.8 Mn T from the 5-year low of 20.0 Mn T in 2016...
  • The oils/fats production growth is seen accelerating from only 0.9 Mn T in Oct/Dec to 2.1 Mn T in Jan/March and 7.4 Mn T in Apr/Sept....
  • Palm oil production has started to increase since October in Indonesia and since December in Malaysia but the decline of palm oil stocks will continue until March 2017...
  • World exports of soya meal are negatively affected by a growing number of soya meal consuming countries satisfying their requirements by crushing imported soybeans...

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