In may, the United States
Department of Agriculture recently released global oilseed markets and
trade report shows that global peanut production is expected to reached 41.1
million tons, than last year increased by 1.9 million tons in 2015 / 16
year, and which was flat with the highest record in 2013 / 2014 year ,as the
restoration of production in India and Sudan.
The global peanut trade
is expected to resume growth in 2015/2016 annual, because the supply increase,
exports will reach 2900000 tons, up 219000 tons more than last year . Import
growth will be consistent with historical trends and the world's final
inventory will increase to a record 2500000 tons.
The report shows that the
U.S. peanut exports will be slightly increased to 528000 tons in
2015/2016. Argentina's exports are expected to be 750000 tons and which
increase 50000 tons than last year. China's peanut exports is expected to
530000 tons in 2015/2016 and increase 80000 tons over the previous year.
India's exports are expected to be 650000 tons and increase 75000 tons over the
previous year. The EU's peanut imports will remain stable, about 825000 tons.