Oilseed market news for Mar 2004 AgCanada Expects Canola Acreage Cut in U.S.WINNIPEG - Mar 1/04 - SNS -- Canola acreage in the United States will likely increase this year, rising from 437,870 hectares in 2003 to a projected 450,000 hectares. . . . Continue or visitors click here No Change in Ukraine's Indicative PricesKIEV - Mar 2/04 - APK -- Ministry of Economy and for the Issues of European Integration has established minimal indicative prices for sunflower, flax and false flax seeds, exported from Ukraine on FOB and DAF bases in March 2004, on the level of $320, $280 and $150 per metric ton (MT) correspondingly. . . . Continue or visitors click here U S Summary of Fat and Oil UseA table about U S Summary of Fat and Oil Use . . . Subscribers Only
U S Edible and Inedible Fat ProductionA table about U S Edible and Inedible Fat Production . . . Subscribers Only
January Edible Oil Use DownWASHINGTON - Mar 4/04 - SNS -- Consumption of edible oil in the United States was down in January, with usage dropping below both year earlier and the previous month's totals, judging from the latest data available from the U.S. Census Bureau. . . . Continue or visitors click here Brazil Expects 59 MMT Soybean HarvestBRASILIA - Mar 4/04 - SNS -- Brazil continues to look for a 58,952 million metric ton (MT) soybean harvest, according to the latest data available from the Instituto Brasileiro de Geografia e Estatastica (IBGE). . . . Continue or visitors click here USDA National Sunflower Market SummaryMINNEAPOLIS - Mar 4/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Mar and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here India - Oilmeal Export SummaryA table about India - Oilmeal Export Summary . . . Subscribers Only
Canadian Crush RisesWINNIPEG - Mar 5/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 59,679 metric tons (MT) of canola and 35,834 MT of soybeans during the week ending March 3. . . . Continue or visitors click here Biological Control, Soybean Cyst NematodeWASHINGTON - Mar 5/04 - SNS -- USDA researchers are hopeful they have found a way to develop a strain of Pasteuria bacteria with potential to biologically control soybean cyst nematodes. . . . Continue or visitors click here India's Sees 9.7 Million Hectares Rabi OilseedsNEW DELHI - Mar 8/04 - SNS -- India's agriculture department maintained its estimate that this year's rabi season oilseed area ended up around 9.7 million hectares. . . . Continue or visitors click here Canada -- Flaxseed Export Quality SummaryA table about Canada -- Flaxseed Export Quality Summary . . . Subscribers Only
Tender Rejections More FrequentWASHINGTON - Mar 9/04 - SNS -- Importers continue to show more resistance toward current international prices for agricultural commodities, with state buying agencies more frequently rejecting offers on tenders. . . . Continue or visitors click here Brazil -- Soybean Usage SummaryA table about Brazil -- Soybean Usage Summary . . . Subscribers Only
Malaysian Palm Oil Output SlipsKUALA LUMPUR - Mar 9/04 - SNS -- Crude palm oil production in Malaysia sank 22.7% in January to 876,000 metric tons (MT), resulting in a draw down in stocks as exports during the month rose to 910,000 MT. . . . Continue or visitors click here USDA World Soybean Meal Supply-DemandA table about USDA World Soybean Meal Supply-Demand . . . Subscribers Only
USDA World Soybean Supply-DemandA table about USDA World Soybean Supply-Demand . . . Subscribers Only
USDA World Soybean Oil Supply-DemandA table about USDA World Soybean Oil Supply-Demand . . . Subscribers Only
USDA Sees Tighter Global Oilseed PictureWASHINGTON - Mar 10/04 - SNS -- Global oilseed production for 2003-04 is projected at 343.6 million metric tons (MT), down 2.3 million MT from last month in the latest forecasts from the USDA's World Agriculture Outlook Board. . . . Continue or visitors click here United States Soybean Supply-Demand SummaryA table about United States Soybean Supply-Demand Summary . . . Subscribers Only
India's SoyOil Imports Should SinkNEW DELHI - Mar 10/04 - SNS -- India's decision to boost import duties of soybean oil will dampen demand through the remainder of 2004, believes the U.S. agricultural attache here. . . . Continue or visitors click here Soybean Price Reactions to USDA ReportsWASHINGTON - Mar 11/04 - SNS -- Soybeans are more likely to react positively to USDA crop production estimates than to stocks in all positions reports, according to a USDA analysis of reports released between the mid-1980's and last year. . . . Continue or visitors click here USDA National Sunflower Market SummaryMINNEAPOLIS - Mar 11/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Mar and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here China's Monthly Soybean Imports May Hit 2MMTBEIJING - Mar 11/04 - SNS -- Soybean imports by China could total 25 million metric tons (MT) in the 2004-05 marketing year if current trends remain in place, argues the U.S. agricultural attache here. . . . Continue or visitors click here Canada -- Canola Export Quality SummaryA table about Canada -- Canola Export Quality Summary . . . Subscribers Only
China Expects Normal Rapeseed ImportsBEIJING - Mar 12/04 - SNS -- Rapeseed imports by China are expected to be little changed in the 2004/05 marketing year, though Canada is expected to re-emerge as the dominant supplier now that canola production has rebounded in that country. . . . Continue or visitors click here Sunflower Remains Marginal Oilseed in ChinaBEIJING - Mar 12/04 - SNS -- Sunflower seeds are expected to remain a small component of China's oilseeds complex, notes the U.S. agricultural attache here in a recent report on the sector. . . . Continue or visitors click here China Expects 6.7% Rise in Vegoil OutputBEIJING - Mar 12/04 - SNS -- Chinese vegetable oil production is expected to reach 12.35 million metric tons (MT) in 2004-05, which is 6.7% higher the 2003-04 preliminary estimate of 11.57 million MT. . . . Continue or visitors click here China's Soymeal Production, Use RisingBEIJING - Mar 12/04 - SNS -- Soybean meal (SBM) production in China is expected to grow with the increase in domestic crushing activity, with the result the country has little need to import meal; while strong domestic demand makes an infrequent exporter of residual supplies. . . . Continue or visitors click here Canada's Weekly Crush Manages Solid IncreaseWINNIPEG - Mar 12/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 64,452 metric tons (MT) of canola and 39,771 MT of soybeans during the week ending March 10. . . . Continue or visitors click here Bigger Canadian Oilseed Crops ExpectedWINNIPEG - Mar 12/04 - SNS -- Agriculture Canada expects this year's canola seeded area to jump 14.9% and soybeans to expand 4.3% as part of a general shift of land from grains to oilseeds. . . . Continue or visitors click here India -- Vegetable Oil Import SummaryA table about India -- Vegetable Oil Import Summary . . . Subscribers Only
Soybean Crush Reaches 3,378,953 MT in FebruaryWASHINGTON - Mar 15/04 - SNS -- Soybean crush in the United States during February totalled 3,378,953 metric tons (MT), according to the latest data available from the National Oilseed Processors Association. . . . Continue or visitors click here Ukraine Vegoil Output Reaches 117,100 MTKIEV - Mar 15/04 - APK -- Crude vegetable oil production reached 117,100 metric tons (MT) in the Ukraine in February, including 69 MT of corn oil, 106 MT of mustard oil and 384 MT of other oils says the State Statistics Committee. . . . Continue or visitors click here Canada -- Harvested Canola Quality SummaryA table about Canada -- Harvested Canola Quality Summary . . . Subscribers Only
Austria Expects Oilseed Crop ReboundVIENNA - Mar 17/04 - SNS -- Drought damage on Austria's winter rapeseed crop resulted in a steep reduction in production of that oilseed and pulled down total oilseed output in 2003 by 14% to an estimated 199,307 MT. . . . Continue or visitors click here Russian Sunseed Shipments FalterKIEV - Mar 17/04 - APK -- According to State Custom Committee, in January 2004 sunflower seeds export from Russia accounted for 43,400 metric tons (MT), down by 55.4% in December. . . . Continue or visitors click here Argentina Updates Harvest EstimatesBUENOS AIRES - Mar 17/04 - SNS -- The Argentine agriculture department estimates this season's soybean crop will total 34.7 million metric tons (MT) from 14.1 million hectares. . . . Continue or visitors click here Final U.S. Canola Production 1999 to 2002A table about Final U.S. Canola Production 1999 to 2002 . . . Subscribers Only
Final U.S. Flaxseed Production 1999 to 2002A table about Final U.S. Flaxseed Production 1999 to 2002 . . . Subscribers Only
Final U.S. Soybean Production 1999 to 2002A table about Final U.S. Soybean Production 1999 to 2002 . . . Subscribers Only
Final U.S. Cottonseed Production 1999 to 2002A table about Final U.S. Cottonseed Production 1999 to 2002 . . . Subscribers Only
USDA Canola and Rapeseed Stocks Summary 1999-2003A table about USDA Canola and Rapeseed Stocks Summary 1999-2003 . . . Subscribers Only
USDA Flaxseed Stocks Summary 1999-2003A table about USDA Flaxseed Stocks Summary 1999-2003 . . . Subscribers Only
Canada Canola Crush Pace Second StrongestOTTAWA - Mar 18/04 - SNS -- Canadian canola crush is advancing at a near record pace, with the quantity processed the second highest on record. . . . Continue or visitors click here USDA National Sunflower Market SummaryMINNEAPOLIS - Mar 18/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Mar and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here South Africa's Oilseeds Doing WellPRETORIA - Mar 19/04 - SNS -- Summer oilseed crops in South Africa are doing better than initially expected, judging from the latest numbers developed by the Crop Estimates Committee of the South African Grain Information Service (SAGIS). . . . Continue or visitors click here Little Net Change in Canada's Weekly CrushWINNIPEG - Mar 19/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 76,568 metric tons (MT) of canola and 28,032 MT of soybeans during the week ending March 17. . . . Continue or visitors click here PM Supports Ukraine Sunflower Export TaxKIEV - Mar 19/04 - APK -- During the voyage to Poltava the Prime-Minister of Ukraine Victor Yanukovich said it's necessary to leave export tax for sunflower seeds unchanged at 17%. . . . Continue or visitors click here OSG Says Growers Should Consider SalesCHATHAM - Mar 19/04 - SNS -- While current crop soybean markets continue to escalate, growers should start pricing out old crop supplies instead of waiting for what they believe is the peak, argues Kim Cooper, Market Co-ordinator, Ontario Soybean Growers. . . . Continue or visitors click here Malaysian Coconut Industry ShrinkingBANGKOK - Mar 19/04 - SNS -- Coconut cultivation has been steadily declining in Malaysia in recent years, resulting in a down trending outlook for copra. . . . Continue or visitors click here Malaysian Soy Demand RecoveringBANGKOK - Mar 19/04 - SNS - Malaysian demand for soybean seed and meal is expected to expand rapidly in 2004 as domestic poultry production recovers from the avian influenza crisis and total consume demand for meat rebounds. . . . Continue or visitors click here Malaysia Expanding Palm Oil, Kernel OutputBANGKOK - Mar 19/04 - SNS -- Malaysia continues to maintain its status as the world's largest producer and exporter of palm and palm kernel oil. . . . Continue or visitors click here Over-Fishing Lifts Fishmeal OutputBANGKOK - Mar 19/04 - SNS -- Increased export demand for fishmeal should allow the recent steady increase in Malaysian production to continue through the 2004-05 marketing year. . . . Continue or visitors click here Soybean Market Order Referendum PossibleWASHINGTON - Mar 24/04 - SNS -- Soybean producers in the United States are being informally polled by the USDA to see if they want to hold a referendum on the Soybean Promotion and Research Order as authorized under the Soybean Promotion, Research, andConsumer Information Act. . . . Continue or visitors click here U.S. Cottonseed Crush and Stocks SummaryA table about U.S. Cottonseed Crush and Stocks Summary . . . Subscribers Only
U.S. Cottonseed Production and Stocks SummaryA table about U.S. Cottonseed Production and Stocks Summary . . . Subscribers Only
U.S. Soybean Production and Stocks SummaryA table about U.S. Soybean Production and Stocks Summary . . . Subscribers Only
U.S. Soybean Production and Stocks by StateA table about U.S. Soybean Production and Stocks by State . . . Subscribers Only
Soybean Oil Stocks Advance in FebruaryWASHINGTON - Mar 25/04 - SNS -- Total soybean oil stocks advanced during February, with gains in crude more than offsetting declines in refined soybean oil. . . . Continue or visitors click here Little Change in Crude VegOil OutputWASHINGTON - Mar 25/04 - SNS -- Crude vegetable oil production little changed from year earlier levels during the first two months of the year, totalling 3,623 million pounds of actual production, just up from 3,621 million pounds last year. . . . Continue or visitors click here United States Crude Oil Production, StocksA table about United States Crude Oil Production, Stocks . . . Subscribers Only
USDA National Sunflower Market SummaryMINNEAPOLIS - Mar 25/04 - SNS -- The USDA's weekly national sunflower seed market review was released today. The report covers the period ending Mar and covers U.S. seed, oil and meal markets for regular and mid-oleic acid sunflower seed. . . . Continue or visitors click here Styrian Pumpkin Seed Oil Demand GrowingVIENNA - Mar 27/05 - SNS -- Pumpkin production is steadily increasing in Austria's eastern provinces of Styria, Burgenland and Lower Austria because of growing demand and strong prices for Styrian pumpkin seed oil. . . . Continue or visitors click here Net Decline in Canada's Weekly CrushWINNIPEG - Mar 26/04 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 69,698 metric tons (MT) of canola and 29,787 MT of soybeans during the week ending March 24. . . . Continue or visitors click here AWB Supports GM Canola TrialsSYDNEY - Mar 29/04 - SNS -- The Australian Wheat Board (AWB) added tis support to co-existence trials for genetically modified or engineered (GM) in that country. . . . Continue or visitors click here Belarus Suspends Oilmeal Import DutyKIEV - Mar 29/04 - APK -- A resolution of the Belarusian Council of Ministers of March 18 this year has suspended until the end of 2004 the effect of customs duties for import of oilcakes and other solid secondary products of soyoil extraction, as wellas ground, non-ground, granulated and non-granulated varieties of oilcake. . . . Continue or visitors click here Canada Flaxseed Export Quality SummaryA table about Canada Flaxseed Export Quality Summary . . . Subscribers Only
U.S. Peanut Crush SummaryA table about U.S. Peanut Crush Summary . . . Subscribers Only
Canola Area to Decline in U.S.WASHINGTON - Mar 31/04 - SNS -- Canola producers in the United States intend to plant 965,000 acres in 2004, a decrease of 11% from 2003, according to the USDA seeding intentions report. . . . Continue or visitors click here Record Soybean Area Mooted for 2004WASHINGTON - Mar 31/04 - SNS -- Soybean seedings intentions in the United States are at the upper end of trade expectations, with growers intending to seed 75.4 million acres, up 3% from last year, according to the USDA seeding intentions report. . . . Continue or visitors click here USDA GM Soybean BreakdownA table about USDA GM Soybean Breakdown . . . Subscribers Only
Soy Stocks Exceed Trade IdeasWASHINGTON - Mar 31/04 - SNS -- Soybeans stored in all positions on March 1, 2004 totaled 906 million bushels, down 25% from March 1, 2003, according to the USDA stocks in all positions estimates. . . . Continue or visitors click here Methods to Curb Soybean Seed CostMANHATTAN - Mar 31/04 - SNS - Even though the prices of soybeans have been shooting upwards throughout the year, there are many ways to curb this price hike by changing planting tactics. . . . Continue or visitors click here
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