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    Home > Active Ingredient News > Feed Industry News > It is estimated that the global oil seed production will reach the record level in 2001 / 02

    It is estimated that the global oil seed production will reach the record level in 2001 / 02

    • Last Update: 2001-07-17
    • Source: Internet
    • Author: User
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    Introduction: the U.S Department of agriculture forecasts that the world's oil seed production will reach a record level of 318.8 million tons in 2001 / 2002, which is slightly lower than last month's forecast, but 9 million tons higher than that in 2001 / 2002 The United States accounts for more than half of the annual increase in global production The oil seed production of other countries outside the United States will reach 227.8 million tons, 3 million tons more than that in 2000 / 2001 Peanut and cottonseed are the oil seeds with the largest increase in yield, while the increase in soybean yield is general The yield of high oil content oilseeds decreased compared with that of last year, among which sunflower was the biggest one, which was especially obvious in the former Soviet Union At the beginning of the period, the supply of high oil content oilseeds also decreased significantly, which increased the tension of the supply of vegetable oil The production of palm oil in 2001 / 02 is expected to be 17.2 million tons, an increase of 800000 tons over last year, but far lower than the average annual growth rate of 2.3 million tons in the past three years In 2001 / 2002, the global consumption of protein meal and vegetable oil is expected to maintain a strong momentum, with the growth rate of both products reaching 3.5% - 4% The growth of protein meal demand will depend on the strong growth of demand in China, other Asian countries and Middle East countries China's consumption of protein meal is expected to increase by nearly 10%, of which soybean meal consumption will increase by more than 16% According to the situation of some countries in China, South Asia, the Middle East and North Africa, the growth of global vegetable oil consumption continues to maintain a strong momentum The U.S oil seed inventory for 2001 / 2002 is expected to be 105.4 million tons, an increase of 2.7 million tons over last year Us oilseed production is expected to reach a record level of 91 million tons, but 1.2 million tons lower than last month's estimate Soybean production is expected to reach a record 79.9 million tons Judging from China's sustained strong import demand, US soybean exports are expected to grow 544000 tons to a record 27.6 million tons At present, the crushing capacity of soybeans in the United States has increased by 408000 tons, reaching 45.2 million tons The main reason is that the prospect of soybean meal export is more promising, especially to Southeast Asia Soybean oil exports in 2001 / 2002 are expected to reach 1.04 million tons, a significant increase from last month's forecast, reflecting the tight supply of global vegetable oil and the continued strong demand in South Asia US Department of agriculture soybean yield assessment 1999 / 2000 / 2001 / 2002 million tons global 159.7 172.1 177.2 US 72.2 75.4 79.9 Brazil 34 37.5 38 Argentina 21.2 26 25.5 China 14.3 15.4 15 data source: US Department of agriculture (author:) shared to feed micro blog:
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