Oilseed market news for Feb 2004 Philippines Considers Dropping Soymeal Duty MANILA - Feb 2/04 - SNS -- The Philippine agriculture department wants the government to remove the 3% import duty on soybean meal to provide price relief to the country's compound feed manufacturers and hog feeders. . . . Continue or visitors click here Gene Pyramids Could Prevent Rust QUEENSLAND - Fed 2/04 - SNS - With the hopes of stemming a potentially worsening sunflower rust situation, Department of Primary Industries (DPI) researchers have been using gene pyramids that could provide better resistance against the disease. . . . Continue or visitors click here Canada -- Canola Export Quality SummaryA table about Canada -- Canola Export Quality Summary . . . Subscribers Only
Brazil -- Soybean Supply and Use SummaryA table about Brazil -- Soybean Supply and Use Summary . . . Subscribers Only
Malaysian Palm Oil Stocks Rise KUALA LUMPUR - Feb 4/04 - SNS -- Crude palm oil (CPO) production advanced 7.3% from November to total 1.13 million metric tons (MT) in December. However, weak export performance caused stocks to rise substantially during the month, finishing at 1.2 million MT. . . . Continue or visitors click here U.S. Fat and Oil Consumption By ClassA table about U.S. Fat and Oil Consumption By Class . . . Subscribers Only
U.S. Oil and Fat Use Declines in 2003 WASHINGTON - Feb 5/04 - SNS -- Total edible fats and oil consumption declined in the United States in 2003, according to prelimiary data available from the U.S. Bureau of Census, with all categories except inedible oil down. . . . Continue or visitors click here Canada Posts Net Gain in Oilseed Stocks OTTAWA - Feb 5/04 - SNS -- Statistics Canada reported a net increase in oilseed stocks in all positions on December 31, with declines in soybeans and flaxseed more than offset by advances in th quantity of canola on hand. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Feb 5/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Feb and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Canada -- Flaxseed Export Quality SummaryA table about Canada -- Flaxseed Export Quality Summary . . . Subscribers Only
India Reports Above Normal Oilseed Progress NEW DELHI - Feb 6/04 - SNS -- India's rabi or winter season crops are off to an excellent start this year, with plantings of oilseeds such as rapeseed and mustard advancing at an above normal pace, according to the country's Ministry of Agriculture. . . . Continue or visitors click here Weekly Canadian Crush Slumps WINNIPEG - Feb 6/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 59,384 metric tons (MT) of canola and 30,158 MT of soybeans during the week ending February 4. . . . Continue or visitors click here India -- Oilmeal Export SummaryA table about India -- Oilmeal Export Summary . . . Subscribers Only
Ukraine Sunflower Oil Yields Decline KIEV - Feb 6/04 - SNS -- Oil yields from the 2003 sunflower crop are down from the previous year, according to the country's largest oilseed processors, dropping from an average 45% in 2002 to just 40%. . . . Continue or visitors click here AgCanada Sees 8.4% More Oilseeds Acres WINNIPEG - Feb 9/04 - SNS - Agriculture Canada expects Canadian farmers to boost oilseed plantings 545,000 hectares or 1.37 million acres to 7.077 million hectares or 17.5 million acres. . . . Continue or visitors click here Palm Oil Output Rising in Cote d'Ivoire ABIDJAN - Feb 9/04 - SNS -- Palm oil production is expected to increase across the 2003-04 crop year as the Cote d'Ivoire brings 26,000 hectares of replanted trees into production in response to higher grower returns and an improved security situation in the country. . . . Continue or visitors click here USDA Domestic Soybean Supply and UseA table about USDA Domestic Soybean Supply and Use . . . Subscribers Only
USDA World Soybean Supply and UseA table about USDA World Soybean Supply and Use . . . Subscribers Only
USDA World Soybean Meal Supply and UseA table about USDA World Soybean Meal Supply and Use . . . Subscribers Only
USDA World Soybean Oil Supply and UseA table about USDA World Soybean Oil Supply and Use . . . Subscribers Only
Global Oilseed Supplies Rise WASHINGTON - Feb 10/04 - SNS -- Global oilseed production for 2003-04 is projected at 345.9 million MT, up 1.8 million MT from last month, according to the latest report from the USDA's World Agricultural Outlook Board. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Feb 12/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Feb and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here USDA Breeding Olive Quality Soybean WASHINGTON - Feb 13/04 - SNS -- USDA researches are aiming to create a soybean with oil capable of competing with olive oil in terms of health benefits. . . . Continue or visitors click here Good Progress Seeding India's Rabi Oilseeds NEW DELHI - Feb 13/04 - SNS -- Significant progress has been seeding this year's winter or rabi season crops in India, says the country's agriculture department. . . . Continue or visitors click here Weekly Canadian Crush Advances WINNIPEG - Feb 13/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 60,198 metric tons (MT) of canola and 36,194 MT of soybeans during the week ending February 11. . . . Continue or visitors click here Soybeans Experience Volatile Week CHATHAM - Feb 13/04 - SNS -- Soybean futures traded on the floor of the Chicago Board of Trade continued to be assailed by conflicting news, says Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here Bolivia Looks for Major Soybean Increase LIMA - Feb 13/04 - SNS -- Favorable market and growing conditions have propelled a large number of farmers in soybean production in Bolivia this year, with the result the country's harvest could explode upward from the 1.2 million metric tons (MT) of the past two years to 1.75 million MT this year. . . . Continue or visitors click here Slight Lift in Ukraine Sunoil Output KIEV - Feb 16/04 - APK -- Production of crude sunflower oil in Ukraine reached 126,900 metric tons (MT) in January, down 4% from December 2003, but up 3% from the same month last year. . . . Continue or visitors click here Australia Harvests 1.62 million MT Canola CANBERRA - Feb 16/04 - SNS -- Canola production will manage a significant rebound from last year's drought reduced harvest, according to the latest production estimates available from the Australian Bureau of Agricultural and Resource Economics (ABARE). . . . Continue or visitors click here India -- Vegetable Oil Import SummaryA table about India -- Vegetable Oil Import Summary . . . Subscribers Only
Soybean Crush Reaches 3,757,144 MT in January WASHINGTON - Feb 18/04 - SNS -- Soybean crush in the United States during January totalled 3,757,144 metric tons (MT), according to the latest data available from the National Oilseed Processors Association. . . . Continue or visitors click here Global Warming Might Have Some Benefits URBANA - Fed 18/04 - SNS - Global warming could have unexpected effects on agriculture, with plants benefitting from increased levels of carbon dioxide (C02) in the air. . . . Continue or visitors click here Ukraine Considers Lower Sunseed Duty KIEV - Feb 19/04 - APK -- Ministries of Economy and Agrarian Policy of Ukraine have prepared a bill about reduction of export duty for sunflower seeds from current 17% to 15%. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Feb 19/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Feb and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Canadian Canola Crush Rises, Soy Drops WINNIPEG - Feb 20/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 72,492 metric tons (MT) of canola and 30,999 MT of soybeans during the week ending February 18. . . . Continue or visitors click here APK Disputes OilWorld Outlook for Ukraine KIEV - Feb 23/04 - APK -- German analytical agency OilWorld has published a forecast of sunflower seeds export from Ukraine in the period January-August 2004. . . . Continue or visitors click here Canada Reports Record January Crush OTTAWA - Feb 23/04 - SNS -- Canadian canola crush during the first half of the 2003-04 marketing season reached its third highest level in Canadian history, according to the data available from Statistics Canada. . . . Continue or visitors click here Ukraine Exports 244,000 MT Sunseed in December KIEV - Feb 23/04 - APK -- In December 2003 Ukraine exported 244,000 metric tons (MT) of sunflower seeds, which is 50% up from the export in previous month and 3% more than the largest monthly amount of export registered in December 2000. . . . Continue or visitors click here China Approves Roundup Ready Soybeans WASHINGTON - Feb 23/04 - SNS -- China's decision to approve imports of Roundup Ready soybeans along with two types of genetically modifies corn and cotton were welcomed by the U.S. Agriculture Secretary Ann M. Veneman and U.S. Trade Representative Robert B. Zoellick. . . . Continue or visitors click here WCE Sets Canola Record WINNIPEG - Feb 23/04 - SNS -- Canola futures trading on the floor of the Winnipeg Commodity Exchange set a one day record for trading volumes last Friday, with 13,215 transactions recorded for the May 2004 delivery contract. . . . Continue or visitors click here Monsanto Hopes China Will Approve GM Canola ST. LOUIS - Feb 23/04 - SNS -- China's decision to allow imports of one variety of genetically engineered soybean along with two corn and two cotton varieties has raised hopes at Monsanto that Roundup Ready canola and other versions of corn will also be approved. . . . Continue or visitors click here Ukraine Ships Less barley KIEV - Feb 24/04 - APK -- In December 2003 Ukraine exported 128,000 MT of barley, which is 20% less than in November. . . . Continue or visitors click here Ukraine's Ships 117,000 MT Protein Meal KIEV - Feb 25/04 - APK -- The total amount of oilseed meals, exported from Ukraine in December 2003, was 117,000 metric tons (MT), which is the maximal monthly export of this group of goods over at least 8 recent years. . . . Continue or visitors click here Minor Oilseed Shipments From Ukraine Dip KIEV - Feb 25/04 - APK -- In December 2003 Ukraine exported 2,300 MT of oilseed crops other than sunflower, which is 60% less than in November. Of this amount 1,600 MT were represented by mustard seeds, which were exported predominantly to Bangladesh. . . . Continue or visitors click here Canada -- Flaxseed Quality SummaryA table about Canada -- Flaxseed Quality Summary . . . Subscribers Only
Steady Expansion in Indonesian CPO JAKARTA - Feb 25/04 - SNS -- Indonesia is looking at producing 10.1 million metric tons (MT) of palm oil in 2003-04 and could jump to 10.3 million MT in 2004-05, allowing the country to continue expanding its exports. . . . Continue or visitors click here Indonesian Coconut Industry in Decline JAKARTA - Feb 25/04 - SNS -- Indonesia's coconut industry is not as progressive as palm oil industry, with the result plantations are aging and productivity levels declining, says the U.S. agricultural attache here. . . . Continue or visitors click here Indonesian Coconut Industry in Decline JAKARTA - Feb 25/04 - SNS -- Although peanuts are considered a secondary crop, production has slowly increased over the last few years in Indonesia, according to the U.S. agricultural attache here. . . . Continue or visitors click here Indonesian Soybean and Meal Imports Rising JAKARTA - Feb 25/04 - SNS -- Indonesian demand for soybeans is expected to continue growing through the 2004-05 marketing year, with imports advancing from 1.27 million metric tons (MT) in 2002-03 to an estimated 1.36 million metric tons (MT) this season and a projected 1.4 million in 2004-05. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Feb 26/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Feb and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Korean Soybean Imports Projected at 2.55 million MT SEOUL - Feb 26/04 - SNS -- South Korea is expected to remain an important buyer of soybeans, meal and oil on world markets during the coming 2004-05 marketing year. . . . Continue or visitors click here Korea Expects to Import 220,000 MT Soyoil SEOUL - Feb 26/04 - SNS -- South Korea is expected to increase soybean oil imports from 215000 metric tons (MT) this season to a projected 220,000 MT in the coming 24-05 marketing year. . . . Continue or visitors click here Korean Soymeal Imports Could Total 1.5 MMT SEOUL - Feb 26/04 - SNS -- South Korea's demand for soybean meal will recover once the avian influenza crisis eases and poultry production returns to normal in the region. . . . Continue or visitors click here U.S. Soybean Crush Activity by StateA table about U.S. Soybean Crush Activity by State . . . Subscribers Only
Crude Vegetable Oil Output Rises WASHINGTON - Feb 27/04 - SNS -- Crude vegetable oil production totalled 1,902.3 million pounds during January, a marginal increase over the 1,900.4 million pounds of soybean, cottonseed and corn oil produced the same month last year. . . . Continue or visitors click here U.S. Cottonseed Crush Activity by RegionA table about U.S. Cottonseed Crush Activity by Region . . . Subscribers Only
Canadian Crush Drops WINNIPEG - Feb 27/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 57,851 metric tons (MT) of canola and 30,977 MT of soybeans during the week ending February 25. . . . Continue or visitors click here Disappointing End to Week's Trade WASHINGTON -Feb 27/04 - SNS -- The week closed in disappointing fashion for fundamental traders, with limited new export business reported the last two days of the week and the number of rejections on tenders because of high prices seeming to increase. . . . Continue or visitors click here Soybean Futures At or Near Highs CHATHAM - Feb 27/04 - SNS -- Soybean futures broke through their 15-year highs during the week, pushing prices in Ontario past the CDN $12 per bushel mark, notes Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here U.S. Peanuts Crushed for OilA table about U.S. Peanuts Crushed for Oil . . . Subscribers Only
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