Brazil's export of soybean meal to Europe increased (6.29)

OA show ('918 '); according to the latest forecast report of the U.S Department of agriculture, due to the large consumption of soybean meal and soybean oil in China, most soybean crushing plants have strong crushing capacity It is predicted that the soybean crushing capacity in Brazil will reach 21.9 million tons in 1999 / 2000 and 21 million tons in the previous year From October 1999 to April 2000, the cumulative pressing capacity of soybean will increase by 500000 tons over the same period of the previous year Brazil's soybean meal exports to Europe increased due to the devaluation of Brazil's commodity currency against the euro, which created competition for US exports to Europe Brazil's soybean meal exports are forecast to grow to 10.55 million tons this month Brazil's soybean oil exports also increased slightly to 1.4 million tons China feed industry information network mq7 (author:)