January 23, 2007
Argentina's November soy crush up 28.9 percent from year ago
Argentina's soybean crush totalled 2,678,192 tonnes in November, up 28.9 percent from 2,077,876 tonnes a year earlier, according to the Agriculture Secretariat.
Argentina produced 506,691 tonnes of soyoil in November, up 29.2 percent from the 392,290 tonnes produced a year ago.
Soy pellet output in November totalled 2,089,956 tonnes, up 29.4 percent from the 1,615,133 tonnes produced a year earlier.
Analysts expect crush to keep rising over the next couple of years as soybean production rises and crushers boost processing capacity to accompany the bigger harvests.
The 2005/06 soy harvest totalled a record 40.5 million tonnes, up from 39 million a year ago, according to the US Department of Agriculture. Argentina will produce 42.5 million tonnes of soybeans from the 2006/07 crop, according to the USDA.
Product 2006 2005
Soybeans
January 2,372,189 1,986,404
February 1,936,020 1,799,936
March 2,272,583 1,924,887
April 2,961,181 2,247,994
May 3,343,724 2,749,303
June 3,047,458 2,669,452
July 3,047,582 2,860,824
August 2,763,436 2,591,338
September 3,057,683 2,774,658
October 2,636,081 2,421,991
November 2,678,192 2,077,876
December 2,585,756
TOTAL 30,116,129 28,690,419
Soyoil
January 450,637 379,267
February 372,091 342,118
March 433,878 372,559
April 559,083 429,975
May 621,581 492,244
June 564,361 493,587
July 564,485 538,851
August 518,329 487,836
September 575,626 520,780
October 495,816 457,453
November 506,691 392,290
December 488,764
TOTAL 5,662,565 5,395,724
Soy Pellets
January 1,854,240 1,567,222
February 1,521,308 1,421,760
March 1,786,078 1,484,797
April 2,297,042 1,761,795
May 2,600,539 2,158,916
June 2,372,930 2,103,861
July 2,348,994 2,324,677
August 2,170,294 2,012,131
September 2,385,670 2,165,854
October 2,053,230 1,897,468
November 2,089,956 1,615,133
December 2,032,774
TOTAL 23,480,282 22,546,387
