According to Oil World's latest forecast, sunflower yield in Turkey will reach 1.58 mln tons in 2017 – 2018 versus 1.47 mln tons in the previous season.
Private broker company INTL FCStone increased its forecast on this season's soybean yield in Brazil from 109.07 mln tons to record high 111.6 mln tons. Corn yield forecast remains unchanged at 93.3 mln tons - another record.
According to a CIMB report, in March 2017 palm oil stocks in Malaysia keep declining – this time by 2% versus the previous month to 1.43 mln tons. The decline was the result of the active oil export.
According to the latest Oil World forecast, soybeans yield in Argentina will reach 56 mln tons in 2017 – 2018 (+0.7 mln tons versus 2016 – 2017). The result will be lower than the 2015 – 2016 average – 60 mln tons.
Accoring to information from Oil World, in January and February 2017 soybeans import in key Asian buyers (China, Japan, South Korea and Thailand) grew to 14.34 mln tons versus 11.2 mln tons a year earlier.
According to the latest estimates by the National Crop Estimates Committee, soybean yield in South Africa will reach the record 1.16 mln tons in 2017 – 2018 (+57% versus 2016 – 2017).
