Global export of soybeans declines slightly in July

10 Aug, 2017
Global export of soybeans declines slightly in July
According to Oil World, in July 2017 soybean export from the 5 major exporters reached 10.52 million tonnes at 10.55 million tonnes in July 2016

The decline was realized by the US - 2.2 million tonnes (2.67).

Meanwhile, South American countries are increasing export to 8.32 million tonnes (7.88), including Brazil 6.96 million tonnes (5.79). Export from Argentina reached 0.55 million tonnes (1.32), Paraguay 0.45 million tonnes (0.43), and Uruguay 0.36 million tonnes (0.35).

During the first seven months of 2017, soybean export from these countries reached 85.64 million tonnes (78.01). During the period China imported 54.74 million tonnes of soybeans (49.78).