Key Soybean Export Countries Pump Up Export In January

Oil World reported that January 2017 soybean meal export from key players exceeded the January 2016 export – 5.47 mln tons (5.33).

Export from Brazil has reached 1.39 mln tons (1.18), the USA exported 1.05 mln tons (1), India exported 0.17 mln tons (0.03), export from Argentina was 2.75 mln tons (3) and Paraguay exported 0.12 mln tons (0.13).

Asian countries have been the main soybean meal buyers in the world including Vietnam with 0.53 mln tons (0.35), Iran 0.21 mln tons (0.03) and Japan 0.11 mln tons (0.02).

Supply for African countries were 0.33 mln tons (0.38) while the EU had 1.73 mln tons (2.12) delivered.