- U.S. soymeal exports will surge to record levels in Oct. 2009 to March 2010 as rival South American supplies become scarcer after poor harvests.
- Combined soymeal exports from U.S. rivals Argentina and Brazil were forecast by Oil World to fall by over 2 million tonnes on the year in the same period.
- Argentina's exports were forecast to fall by about 1.3 million tonnes on the year to 10.06 million and Brazil's by around 0.8 million to 4.51 million tonnes as disappointing soybean crops in early 2009 further reduce exports.
- The growing South American shortage meant India was also set to achieve an unexpected rise in exports.......
Tuesday, October 27, 2009
US Oct/Mar soymeal exports to hit record-Oil World
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