Chinese Soybean import slows down, while production increases [Corn and Soybean - n ° 9/2018]

The Global Corn and Soybean production is expected to increase in the season 2018-19, respectively of +0.7% (1.069 Mio T) and +0.6% (369.32 Mio T), compared to August estimates.

In the United States, the world’s largest producer of Corn and Soybean, yields are forecasted higher, resulting into an increment in crops: +1.6% for Corn and +2.3% for Soybean.

+8.3%Corn import in EU-28 (forecast 2018-19)

Corn production is higher in the EU-28, reflecting the increases for Romania, Bulgaria, Hungary and France. The EU-28 outlook, the largest global Corn importer (13% of total share), is for a higher domestic demand, and imports are raised by +8.3% compared to 2017-18 season.

WORLD | Corn Top Importers - Yearly trend

WORLD | Corn Top Importers – Yearly trend

In China, the fourth world producer of Soy, Soybean production is expected higher (+3.4%). Imports are reduced 1 Mio t to 94 Mio t as slower growth in protein meal demand and lower crush in 2017/18 continue into the next marketing year, reducing the expectations of record imports estimated in May 2018.

Global Corn Ending stocks are forecasted at 157.03 Mio T, with an increase if compared to the last outlook, but they are still below the level of the previous five seasons. Also Global Soybean stocks are raised, reaching a record level of 108.26 Mio t.

WORLD | Soybean Top Importers - Yearly trend

WORLD | Soybean Top Importers – Yearly trend

Corn & Soybeans - September 2018: Report about prices, production and global trade prospects for 2018-19 season.
CLAL-Slideshow-Corn-and-Soybean-SEP-2018.pdf (3 MB)
Corn & Soybeans - September 2018: Report about prices, production and global trade prospects for 2018-19 season.

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CLAL Team
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The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.

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Posted in China, Corn, EU, Soy