According to Oil World, in May India increases the purchases of soybean oil, which allows Argentina to raise its export up to 570 000 tonnes from 520 000 tonnes in May 2016.
The Union of German cooperatives (DRV) lowered its forecast for grain yields in Germany for the current season from 46.7 mln. tonnes down to 45.4 mln. tonnes.
According to Oil World, in April 2017 the global soybean export rose by 14 % compared to March up to 15.1 mln. tonnes and by 15% compared to April 2016
