++++ Latest OIL WORLD Headlines ++++
More details and background analysis are provided in the various
of OIL WORLD, primarily in the
World supplies of sunflowerseed and products will exceed expectations in 2016/17.....
World supplies of sunflowerseed and products will exceed expectations in 2016/17. We have made upward revisions in our crop estimates for the CIS countries, now expecting combined production to increase by 2.1 Mn T from last year.
World production of sunflowerseed is now seen to rise to 46 Mn T in 2016/17, assuming normal weather from now on, up substantially by 3.7 Mn T from 2015/16 and by 4.9 Mn T from 2014/15. Crushings of sunflowerseed as well as supplies of sun oil and meal will have to be revised upward. We will publish our updated supply, demand and price forecasts for 2016/17 in the OIL WORLD MONTHLY of July 29.
OIL WORLD WEEKLY of 22 July 2016...
Decline in Chinese Soybean Imports Considered Likely in 2016/17......
The next season Aug/July 2016/17 could be the first time in 15 years that Chinese imports of soybeans will be declining. There are still a lot of uncertainties but we currently do not rule out the possibility that imports drop to 80-82 Mn T in the next 12 months from an estimated 83.3 Mn T in 2015/16. The key factors contributing to this development are discussed in detail in the latest WEEKLY report. Still, Chinese soybean crushings will probably increase by about 5 Mn T from a year earlier in the new season.
OIL WORLD WEEKLY of 15 July 2016...
Improved Rapeseed Crop Prospects in Parts of Europe But Demand-
Rationing Still Inevitable in 2016/17...
Rapeseed production is likely to decline somewhat
less severe than assumed hitherto in several EU
member states and the CIS countries this year, slightly
reducing the need for demand-rationing in the 2016/17
season. Our revised crop estimate for the European
Union is 21.5 Mn T, about 0.2-0.3 Mn T higher than
expected before, but still a three-year low and down 0.9
Mn T on the year...
OIL WORLD WEEKLY of 8 July 2016...
Little Growth In North American Oilseed Plantings in
2016, But More Lentils & Peas...
US farmers planted 1.6 Mn ha more to oilseeds,
grains, peas and lentils for the 2016/17 season than
reported in the March 31 planting intentions. This is a
result of the latest USDA survey which placed soybean
plantings at a record 33.87 Mn ha, up from the intentions
of 33.28 and 1.3% above last year’s final area.
The area under soybeans was reported still marginally
below average market expectations...
OIL WORLD WEEKLY of 1 July 2016...
OIL WORLD Data Base JUNE 2016 Released...
-- Date of Release: 23 June 2016 --
2016/17 oilseed production as well as world supply & demand of oilseeds, oils/fats and oilmeals, all by country
Take advantage of our reliable, unbiased and comprehensive
information and forecasts. For a better understanding of current market developments and prospects.
The OIL WORLD Data Base on CD-ROM provides the information
which gives you a competitive edge. It includes much more data than can
be published in the OIL WORLD MONTHLY and WEEKLY:
Forecasts of 2016/17 oilseed area. yields and production and world supply and demand outlook for oils/fats and oilmeals for next season!
Up-to-date estimates of 2015/16 world supply & demand for all oilseeds, oils & fats and oilmeals with breakdown by country.
Quarterly world production, trade, consumption and stocks estimates up to July/Sept 2016.
The CD-ROM provides oilseed crop and processing statistics as
well as supply & demand balances for oils/fats, oilmeals etc.
64 most important countries. This comprises the
EU-28 as well as the major countries of the CIS, Central Europe,
America, Asia, Africa and Oceania.
Monthly prices from Jan 2001 up to June 2016 for the 6 major
oilseeds, 15 oils/fats and 8 oilmeals.
Monthly crush, production, trade and stocks data for key countries
until Sept or Dec 2016. Trade statistics are provided for the major
exporting countries with breakdown by country of destination and for
the leading importing countries by country of origin.
The Commodity Sections for Oilseeds, Oils and Oilmeals provide the supply and demand developments as well as stocks,with breakdown by major countries. The forecasts cover the season 2016/17 for crop production and area as well as world supply & demand of the major oilseeds and products. The time periods in most tables are the 5 seasons until 2015/16 and the 3 calendar years ending 2015. A quarterly breakdown is given in the respective Summary Tables of each commodity. Monthly Price Surveys are given for most oilseeds, oils and meals. The section 'Other Commodities' provides world production statistics for red meat and poultry.
For more info see www.oilworld.de/database
Upward Revision in Global Output of Sunflowerseed in 2016/17...
In 2016/17 world production of sunflowerseed will -- most likely -- turn out larger than expected and may reach 45.3 Mn T, up steeply from 41.9 Mn T in 2015/16 and from the most recent five-year average of 40.7 Mn T. This will promote a sharp increase in sunseed crushings as well as in the availability of sun oil and meal worldwide next season.
The prospective global tightness in rapeseed & canola will lead to some demand shifts in favour of sunflowerseed and products. Some crushers will process more sunseed at the expense of rapeseed. Sun oil and sun meal consumption is likely to be stimulated by attractive prices resulting from ample supplies...
OIL WORLD WEEKLY of 10 June 2016...
Export Supply Squeeze in Corn...
US exports of corn will have to rise steeply by at
least 7.5 Mn T from last year in May/Dec 2016 to
satisfy prospective world import demand and compensate
supply losses in other exporting countries.
US export sales are already ahead of last year for
the months ahead, with outstanding sales as of May
19 for shipment until end-August at 13.8 Mn T (against
11.8 Mn T a year ago)...
OIL WORLD WEEKLY of 3 June 2016...
The OIL WORLD ANNUAL 2016 has been released on May 27..
The OIL WORLD ANNUAL 2016 has been released on May 27. It includes the first OIL WORLD forecasts of world production, trade, consumption, stocks and prices for oilseeds, oils & fats and oilmeals for 2016/17. The compendium of world statistics comprises more than 700 pages. You are most welcome to request additional information. Orders can be made online...
Soya meal consumers in Asia, Europe and elsewhere will be faced with smaller than expected world production and export supplies ..
Soya meal consumers in Asia, Europe and elsewhere will be faced with smaller than expected world production and export supplies. For April/Sept 2016 we now estimate world production of soya meal by only 3.3 Mn T from a year earlier (following a boost of 6.8 Mn T in the first half of this season). World exports of soya meal will at best stagnate but probably decline slightly from last year to 35.5 Mn T, primarily on account of smaller than previously assumed shipments from Argentina...
In the OIL WORLD MONTHLY of May 20 we present our latest global supply & demand analyses for soya meal (with breakdown by country) as well as for other oilmeals.....
The magnitude of the global production shortage in oils & fats is apparently not yet fully acknowledged by market participants ..
The magnitude of the global production shortage in oils & fats is apparently not yet fully acknowledged by market participants. What we are currently experiencing in the world market is unprecedented: for the first time ever world production of 17 oils & fats is set to decline from a year earlier. This decline is rather large...
In Jan/June 2016 world consumption of 17 oils & fats is likely to exceed production by 3.5 Mn T (probably even more), resulting in a corresponding massive decline in world stocks. This is going to have impacts on prices of palm oil, soya oil and other oils & fats, as we discuss in the OIL WORLD WEEKLY of May 13..
We will provide further information and updated forecasts in the OIL WORLD MONTHLY of May 20.