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The Independent Forecasting Service for Oilseeds, Oils & Meals
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Friday 13 January 2017 MONTHLY Jan 13 (click for key items)      

Highlights of This Issue

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

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  • Following the downward revision of the US soybean crop by 1.5 Mn T to 117.2 Mn T we estimate US stocks at 9.5 Mn T or 350 Mn bu as of end-August 2017...
  • Improving Brazilian crop prospects contrast with deteriorated conditions in Argentina. Soybean production in South America may rise by around 5 Mn T...
  • Better than expected canola harvest results in Australia may take the edge off the currently tight EU rapeseed market...
  • In April/Sept 2017 world output of veg. oils is forecast to increase by 7.0 Mn T from a low basis of comparison. World exports may increase by 4 Mn T....
  • Argentine soya meal output will fall short of our previous forecast in Jan/Sept 2017 as a result of the downward revisions in this year’s Argentine soybean crop and crushings...

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