Leading analysts from the United States Department of Agriculture recently significantly increased projected global exports of products such as soybean oil.

We are talking about forecasts for the final indicators of the current season. And if earlier experts predicted an output of eleven million seven hundred fifty thousand tons, now experts are boldly talking about eleven million eight hundred seventy thousand tons of soybean oil.

According to analysts, forecasts can be raised at least due to the fact that throughout the world today there is an active increase in oil from soybeans made by forces of manufacturers in South America.

It will not be superfluous to note that the world trading community expects from Argentina, which is considered the main supplier of soybean oil worldwide, to increase external shipments by at least five million eight hundred and fifty thousand tons.

It is also important to add that, according to experts, Brazilian exporters will ship about one million two hundred and fifty thousand tons of soybean oil to the world market following the results of this season.

The rate on Paraguay is seven hundred and fifteen thousand tons according to the results of the 2019-2020 season. And the possible export volume from Bolivia is three hundred seventy thousand tons of product.