date:Mar 26, 2013
With a slight expansion expected from the swine and broiler sectors, soybean imports are forecast to grow, albeit slowly.
The food service industry consumes close to 100,000 tons of soybeans annually, mostly from Canada.
In line with continued economic growth, robust demand for soy based drinks and poultry meat will continue to be the driving forces for soybeans and meal imports.
Accordingly, meal imports are forecast to grow through 2013/14. Argentina is the dominant meal supplier.
Crude pal