Global export of soybean meal decreases in April

According to Oil World, in April 2017, global soybean meal export will reach4.92 mln. tonnes given 5.03 mln. tonnes a year earlier.

1.33 mln. tonnes of soybeans (1.43) were exported from Brazil and 0.85 mln. tonnes (0.97) were exported from the US. Export of soybean meal from Argentina remains unchanged at 2.4 mln. tonnes.

0.13 million tonnes of soybean meal (0.01) were delivered from India to the EU. Other major customers of the product are Egypt 23,000 tonnes (17,000), Vietnam 47,000 tonnes (31,000) and Turkey. There is reduction in supplies to Algeria, Mexico, Iran, South Korea and the Philippines.

From the beginning of the season until April, the global export of soybean meal reaches 20.05 mln. tonnes (20.06).