According to data of the association of processors of oil cultures in India SEA, in June the import of the four basic oil cultures in India increases by 14% compared to the index for June 2016 to 1.33 mln USD.
According to Oil World, during the period October - June 2016 – 2017 global export of soybean meal from the 5 top global exporters declines by 1.3 million tonnes to 44.7 million tonnes.
Analysts of USDA raised their estimates for the soybean crop in the world in 2017 – 2018 up to 345 million tonnes compared to 344.7 million tonnes in the previos forecast and 351.7 million tonnes in 2016 – 2017.
