Freitag, 19. Januar 2018

  • Pressemitteilung BoxID 663749

USDA sees 2017/18 soybean output at below the previous year's level

Berlin, (lifePR) - The USDA has forecast a downturn in 2017/18 global soybean production. In Brazil the decline could be pronounced, whereas the decrease in the US and Argentina is expected to be small.

Despite its downward estimate of global production, the USDA continues to take an optimistic outlook on 2017/18 global soybean output. The agricultural department expects world production to decline by 7 million tonnes to 345 million tonnes. The reason is a decline in Brazilian production, Agrarmarkt Informationsgesellschaft (AMI) reports. The USDA estimates the 2017/18 Brazilian crop at 107 million tonnes, down 7 million tonnes from the previous year. However, Brazilian soybeans will not be harvested until the beginning of 2018. This means that the estimate is very early and will be adapted considerably over the course of the year. The US crop is projected at 116 million tonnes, down 1 million tonnes below the 2016 record. Consequently, the US will remain the world's largest producer of soybeans. Argentina occupies third place. USDA projects the Argentine harvest at 57 million tonnes, only 0.8 million tonnes less than the previous year.

UFOP - Union zur Förderung von Oel- und Proteinpflanzen e.V.

The Union for the Promotion of Oil and Protein Plants e. V. (UFOP) represents the political interests of companies, associations and institutions involved in the production, processing and marketing of domestic oil and protein plants in national and international bodies. UFOP supports research to optimise agricultural production and for the development of new recycling opportunities in the food, non-food and feed sectors. UFOP public relations aim to promote the marketing of domestic oil and protein plant end products

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