date:Apr 08, 2014
n prices are low.
US market share of the Thai soybean import market soared to 32 per cent in MY 2012/13 as a result of serious drought in Brazil and Argentina. However, the US share is likely to fall again to 19-20 per cent in MY 2013/14 as soybean crop production in the southern hemisphere return to normal levels.
All soybean meal, either derived from domestic production or imports, is utilized for animal feed production. Soybean meal imports in MY2013/14 are expected to be 11 per cent higher