MARKET DEVELOPMENT
Chinese Soybean Production Forecast to Increase Fu
Chinese Soybean Production Forecast to Increase Fu
25/09/04 - The soybean has a bumper harvest in Heilongjiang, approaching6.2 million tons, up 11%. The soybean has a bumper harvest in NortheastInner Mongolian Autonomous Region, approaching 1.05 million tons, up 96%.NGOIC currently forecast the Chinese soybean production at 17.5 milliontons this year, the highest level in history and up 14%, and the domesticsoybean crushing consumption is forecast at 8 million tons.