In the February forecast, USDA experts have raised the forecast for global imports of meals and pulp for the fourth consecutive month in the 2024/25 marketing year.This was reported by GrainTrade.It is expected that global imports of meals will amount to 103.99 million tons, including soybeans - 73.01 million tons, rapeseed - 10.35 million tons, sunflower - 8.6 million tons.It is noted that in recent years, China has been the world's largest producer of soybean meal, which was obtained mainly from imported soybeans. In the period 2013/14 MY - 2017/18 MY, the share of meal obtained from imported raw materials was on average 93%. However, it has recently decreased due to increased imports of alternative feed components, primarily sunflower and rapeseed meal.
Source: https://agro-business.com.ua/agrobusiness/item/31799-analityky-usda-pidvyshchyly-prohnoz-svitovoho-importu-shrotiv-ta-zhomiv-do-rekordnykh-103-9-mln-t.html
