Soybean
crop has been started from most point harvest plants. America as one
of the biggest plant presented different results.
Result is
varied due to the different condition in each crop plant. In US, though the
result in Dakota is still average compared to prediction due to wet weather
condition, however, the harvest is reported at 94%
is dropping leaves. Harvest is estimated at 86% complete, which
is not far behind the five-year average of 69% complete by Oct. 20
While on
the South America, the harvest is exceed the prediction due to supporting
weather within the moment, Brazil may plant a record 29 million hectares, up from 27.7
million the prior year. Argentina’s
sowing at 19.7 million hectares will be 3 percent larger than a year earlier.
South American production in early 2014 may top last year’s record of 145
million tons if rain expands in dry regions, according to the report. South
American soybean exports have been "unusually high" in recent months,
with shipments 4 million tons larger than the prior year in August and 2.25
million tons bigger in September
On this supporting condition, the export quantity is also
represented in aligning results. Exports have increased to China, the European
Union, Japan, Thailand and Egypt. The trend is showing in positive result
as the export demand for US Soybean has been increasing
Moreover on Soybean Oil in Indonesia market, the
review is described as below graphic:
2012 Imported Quantity
2013 Imported Quantity : Jan-July
Source :
bps.go.id
