Ölsaaten Cockpit, 11.06.2015

USDA estimate: soy market by 2015/16 good supplies - but with El Nino risks

The global soya crop by 2015/16 is estimated by the U.S. Department of agriculture (USDA) largely unchanged compared to the previous month to 317.6 million tonnes . The result is slightly lower than the record year of 2014/15.

Despite current problems,...

Expert Opinion: 

The soy market enters a critical phase. The remaining order of U.S. soybean areas suffers from persistent rain and under time pressure. The El Nino-weather phenomenon has even more risks at the US yield formation phase. The South American seed could be in the Oct. 15 under El Nino conditions...