In 2016 – 2017 soybean yield in Brazil will be over 113 million tonnes (an average level according to most analysts), given 95.5 million tonnes in the previous season.
According to Statistics Canadа, as of June 29th 2017 farmers have sown record areas with canola and rapeseed. For first time the areas under canola cultivation exceed these of wheat.
Sunflower sowing, 2017-2018 crop, is practically over in Russia. 7.5 million hectares were sown. Initial forecasts were for 7.6 – 7.7 million hectares.
In 2017 – 2018 sunflower production in the ex-USSR countries will drop by 1.3 million tonnes, down to 26.23 million tonnes, that will be the second best result in history, according to Oil World.
According to estimate of Oil World, in 2017 – 2018 global production oil meals will reach the record 349.900 million tonnes, by 10.8 million tonnes more than in 2016 – 2017.
