Processed Soybean Volumes In Brazil Are Growing

23 Mar, 2017
Processed Soybean Volumes In Brazil Are Growing
According to information from Oil World, 2.4 mln tons of soybeans were processed in Brazil in February 2017 versus 3.2 mln tons in February 2016.

6 mln tons of soybean were processed in the country in the first two months of 2017, which was 0.5 mln tons more than 2016. Processing will reach 41.7 mln tons by the end of 2017 versus 39.07 mln tons a year earlier.

Despite soybean processing growth in Brazil soybean stocks may grow to 7 mln tons at the end of 2017.