Oilseed market news for Jan 2004 Net Decline in Weekly Canadian Crush WINNIPEG - Jan 1/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 62,517 metric tons (MT) of canola and 30,744 MT of soybeans during the week ending December 24. . . . Continue or visitors click here Canola -- Export Quality SummaryA table about Canola -- Export Quality Summary . . . Subscribers Only
Little Change in Weekly Canadian Crush WINNIPEG - Jan 5/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 70,121 metric tons (MT) of canola and 24,868 MT of soybeans during the week ending December 31. . . . Continue or visitors click here Malaysian Palm Oil Output Down in November KUALA LUMPUR - Jan 5/04 - SNS -- Crude palm oil (CPO) production dropped 11.6% to 1.06 million metric tons (MT) in November, according to the Malaysian Palm Oil Board (MPOB). . . . Continue or visitors click here Taiwan Soybean Imports to Remain Strong TAIPEI - Jan 5/04 - SNS -- Taiwanese soybean imports are expected to remain above 2.3 million metric tons (MT) during the current and coming marketing years. . . . Continue or visitors click here Soy-Based Baby Formulas are Healthy WASHINGTON - Jan 6/04 - SNS -- USDA researchers have verified earlier research efforts which showed soybeans can be safely used to create baby formulas and result in no long term health problems. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Jan 8/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Jan and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Solid Drop in Weekly Canadian Crush WINNIPEG - Jan 9/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 54,388 metric tons (MT) of canola and 23,995 MT of soybeans during the week ending January 7. . . . Continue or visitors click here India -- Oilmeal Export SummaryA table about India -- Oilmeal Export Summary . . . Subscribers Only
Soybean Markets Remain Volatile CHATHAM - Jan 9/04 - SNS -- Soybean prices in Chicago experienced another volatile week, something which should remain the norm for the next few weeks, believes Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here Soybean Harvest Finalized at 2.42 Billion Bushels WASHINGTON - Jan 12/04 - SNS -- Soybean production in the United States in 2003 totaled 2.42 billion bushels, down 1% from the November forecast and 12% below the 2002 level, according to the USDA's final crop report for 2003. . . . Continue or visitors click here U.S. Soybean Stocks Plunge 20% WASHINGTON - Jan 12/04 - SNS -- Soybeans stored in all positions on December 1, 2003 totaled 1.69 billion bushels, down 20% from December 1, 2002, according to the USDA. . . . Continue or visitors click here Flaxseed Crop Drops 17% in United States WASHINGTON - Jan 12/04 - STAT -- American flaxseed production totaled 10.4 million bushels in 2003, down 17% from the previous year, according to the final crop production estimate from the USDA. . . . Continue or visitors click here U.S. Canola Harvest Slips 3% WASHINGTON - Jan 12/04 - STAT -- Canola production in the United States in 2003 is 1.51 billion pounds, down 3% from 2002, according to the final crop production estimate from the USDA. . . . Continue or visitors click here World Oilseed Crops Remain a Record WASHINGTON - Jan 12/04 - SNS -- Global oilseed production estimates were reduced 800,000 metric tons (MT)in the latest USDA World Agricultural Supply and Demand Estimates (WASDE) report, but at 344.2 million it remains a record. . . . Continue or visitors click here USDA Soybean Supply and Use EstimatesA table about USDA Soybean Supply and Use Estimates . . . Subscribers Only
Soybean Crush Reaches 3,766,751 MT in December WASHINGTON - Jan 14/04 - SNS -- Soybean crush in the United States during December totalled 3,766,751 metric tons (MT), according to the latest data available from the National Oilseed Processors Association. . . . Continue or visitors click here India -- Vegetable Oil Import SummaryA table about India -- Vegetable Oil Import Summary . . . Subscribers Only
China Imported 20.74 MMT Soybeans in 2003 BEIJING - Jan 14/03 - SNS -- China's soybean imports reached a record 20.74 million metric tons (MT) in 2003, according to data available from the country's General Administration of Customs. This is up sharply from the 11.31 million MT imported in 2002. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Jan 15/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Jan and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Solid Advance in Weekly Canadian Crush WINNIPEG - Jan 16/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 63,428 metric tons (MT) of canola and 32,460 MT of soybeans during the week ending January 14. . . . Continue or visitors click here High Prices Curb Jamaican Soymeal Use SANTO DOMINGO - Jan 16/04 - SNS -- Soybean meal consumption levels in Jamaica have faltered in the face of strong international markets as the country's poultry producers cut back production on account of poor margins. . . . Continue or visitors click here Soybeans Experience Dramatic Price Surge CHATHAM - Jan 17/04 - SNS -- Soybean markets experienced a dramatic week, with prices pushed higher by the latest USDA crop production estimates and other market concerns, notes Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here Blackmarket Forces Monsanto to Leave Argentina BUENOS AIRES - Jan 19/04 - SNS - Despite the fact that Argentina is in the middle of a soybean boom, Monsanto Corp. has stopped selling to local growers. . . . Continue or visitors click here Fatty Acids Impact on Learning Studied SYDNEY - Jan 20/04 - SNS -- Australia's CSIRO is looking into links between unsaturated fatty acids and learning and/or behavioral problems that may be related to children's ability to concentrate. . . . Continue or visitors click here Strong Canola Crush Through December OTTAWA - Jan 20/04 - SNS -- Canadian canola crush activity maintained its strong performance through December, with Statistics Canada estimating 289,053 metric tons (MT) were crushed last month, more than double the quantity processed one year earlier. . . . Continue or visitors click here Ukraine Vegoil Shipments 83,800 MT in November KIEV - Jan 20/04 - APK -- Export of vegetable oils from Ukraine in November 2003 constituted 83,800 metric tons (MT), which is 13% less than in October. . . . Continue or visitors click here Ukraine Sunflower Exports Reach 161,000 MT KIEV - Jan 20/04 - APK -- In November Ukraine exported 161,000 metric tons (MT) of sunflower seeds, which is significantly above APK-Inform estimate of the export in October. Of this amount, 33,000 to 40,000 MT were exported by land, the remainder -by marine transport. . . . Continue or visitors click here Mini-Chromosomes Could Quicken Introduction of GM Plants CHICAGO - Jan 21/04 - SNS - Genetically modified foods are about to take a step forward, as Chromatin Incorporated has made the very first project to create canola plants carrying mini-chromosomes with significant commercial value. . . . Continue or visitors click here Strong Chinese Oilseed Demand Expected WINNIPEG - Jan 22/04 - SNS -- Agriculture Canada analysts expect Chinese demand to remain strong through the 2004-05 marketing year in response to a favorable economic outlook for the country and rising meat and edible oil consumption. . . . Continue or visitors click here USDA National Sunflower Market Summary MINNEAPOLIS - Jan 22/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Jan and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Ukraine Exports 6,000 MT Rapeseed in Nov KIEV - Jan 22/04 - APK -- Export of rapeseed from Ukraine in November 2003 made 6,000 MT, which is 2.6 times less than month before. . . . Continue or visitors click here Net Drop in Weekly Canadian Crush WINNIPEG - Jan 23/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 65,315 metric tons (MT) of canola and 28,903 MT of soybeans during the week ending January 21. . . . Continue or visitors click here Ukraine Ships More Flax, Less Sunmeal KIEV - Jan 23/04 - APK -- For the fist time in this season, in November 2003 Ukraine made a large export shipment of flax seeds - 3,700 metric tons (MT). . . . Continue or visitors click here Soybean Markets Remain Volatile CHATHAM - Jan 23/04 - SNS -- Soybean futures markets experienced a volatile week on the floor of the Chicago Board of Trade, though a great deal of the short term news remains bullish, notes Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here Canada -- 2003 Solin Quality OverviewA table about Canada -- 2003 Solin Quality Overview . . . Subscribers Only
Currency, Freight Limit Canola Gains WINNIPEG - Jan 26/04 - SNS -- Canadian canola markets have registered a surprisingly poor performance during the past month, advancing just 1% or CDN $3.70 per metric ton (MT) between December 12 and January 23, while the March soybean contract jumped 7.7% or 59.8 cents per bushel. . . . Continue or visitors click here USDA Proposes Soybean Referendum Change WASHINGTON - Jan 26/04 - SNS -- The USDA wants to change the way in which soybean producers request a referendum on the Soybean Promotion and Research Order. . . . Continue or visitors click here Ukraine to Export Sunoil to S. Africa KIEV - Jan 28/04 - APK -- According to Ukraine's oil crushing industry association "Ukroliyaprom", the South African Republic is planning to import this year large amounts of sunflower seeds from Ukraine, due to their shortage in the local market. . . . Continue or visitors click here United States Soybean Crush and StocksA table about United States Soybean Crush and Stocks . . . Subscribers Only
United States Cottonseed Crush and StocksA table about United States Cottonseed Crush and Stocks . . . Subscribers Only
U.S. Net Oilseed Crush DataA table about U.S. Net Oilseed Crush Data . . . Subscribers Only
Net Decline in U.S. VegOil Output WASHINGTON - Jan 29/04- SNS -- There was a net decrease in production of the major vegetable oils in the United States in 2003, according to the latest data available from the U.S. Census Bureau. . . . Continue or visitors click here U.S. Peanut Crush SummaryA table about U.S. Peanut Crush Summary . . . Subscribers Only
USDA National Sunflower Market Summary MINNEAPOLIS - Jan 29/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Jan and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Nigeria's Underground Vegoil Market Growing LAGOS - Jan 29/04 - SNS -- The unwillingness of the Nigerian government to allow imports of vegetable oils to cover domestic shortfalls is supporting a strong, underground trade in smuggled vegetable oil. . . . Continue or visitors click here Brazil Lifts Soybean Crop Estimate BRASILIA - Jan 30/04 - STAT -- Soybean production in Brazil is expected to rise 14.4% over last year to 58.948 million metric tons (MT) this year, according to crop production estimates released today by the Instituto Brasileiro de Geografia e Estatística (IBGE). . . . Continue or visitors click here Net Gain in Weekly Canadian Crush WINNIPEG - Jan 30/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 75,770 metric tons (MT) of canola and 28,771 MT of soybeans during the week ending January 28. . . . Continue or visitors click here Bird Flu, Weather Rock Soybeans CHATHAM - Jan 30/04 - SNS -- Soybean markets remained volatile in the face of weather related concerns in South America and worries about demand on account of the avian influenza outbreak in Asia, notes Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here India Buys Less Oil, Sells More Meal NEW DELHI - Jan 30/04 - SNS -- India's capacity to cover its vegetable oil requirements has improved dramatically the last couple of years, with rising domestic oilseed production cutting into the quantity of vegetable oil imported and allowing protein meal exports to grow. . . . Continue or visitors click here
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