In 2017 – 2018 Brazil will increase soybean export Бразилия ще увеличи износа на со

According to forecast of Safras & Mercado, in 2017 – 2018, soybean export from Brazil will reach 64.5 million tonnes - by 24% more than the previous season.

Soybean processing in the country during the current season is estimated at 41 million tonnes, which is 1 million tonnes more than the previous season. Total soybean supply will grow by 19% to 116.3 million tonnes and demand by 14% to 108.6 million tonnes.

 

Soybean ending stocks will reach 7.71 million tonnes at 2.63 million tonnes in 2016-2017.

 

Soybean production will be 8.12 million tonnes and export will grow by 22% to 1.4 million tonnes. Domestic consumption of soybeans will increase by 5% to 6.89 million tonnes.