date:Jul 09, 2014
Soybean stockpiles in Brazil, the worlds top exporter, have declined from last year even after farmers harvested a record crop because of increasing demand from overseas buyers, Oil World said.
Brazils inventories were 36.5 million metric tons on 1 July, 2.7 per cent less than the same time last year, the Hamburg-based researcher said in an e-mailed report. Supplies were also smaller than a year earlier in Paraguay and Uruguay while rising in Argentina. South American soybean exports were a rec