Oil Crops Outlook, March 2012.
(31/05/2013)
Based on shrinking prospects for South American crops, USDA's forecast of the 2011/12-average soybean price received by U.S. farmers fell to $11.40-$12.60 per bushel from $11.10-$12.30 last month. Similarly, USDA raised its forecast of the season-average price for soybean meal to $310-$340 per short ton from $290-$320 last month. Global soybean production for 2011/12 is forecast down this month to 245.1 million metric tons for the largest year-to-year decline (19.2 million tons) ever. For Brazil, deteriorating conditions for the soybean crops in southern Brazil prompted a lower production estimate of 68.5 million tons from 72 million last month. Likewise, the...
Tác giả: NTIS |
Số trang: 12 |
Lĩnh vực: Nông nghiệp |
Năm XB: 2012 |
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Oil Crops Outlook, March 2012. | Số trang: 12
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Based on shrinking prospects for South American crops, USDA's forecast of the 2011/12-average soybean price received by U.S. farmers fell to $11.40-$12.60 per bushel from $11.10-$12.30 last month. Similarly, USDA raised its forecast of the season-average price for soybean meal to $310-$340 per short ton from $290-$320 last month. Global soybean production for 2011/12 is forecast down this month to 245.1 million metric tons for the largest year-to-year decline (19.2 million tons) ever. For Brazil, deteriorating conditions for the soybean crops in southern Brazil prompted a lower production estimate of 68.5 million tons from 72 million last month. Likewise, the soybean production estimate for Paraguay was revised down to 5 million tons from 6.4 million. For Argentina, earlier damage to first-crop soybeans prior to the return of rainfall in January was responsible for lowering the production forecast by 1.5 million tons to 46.5 million.
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