Rabobank reports that over $2 billion is being invested to expand North American oilseed crush capacity. Part will be to support the expansion in biodiesel but overall oilseed demand remains strong. While the world’s population grows at an annual rate of 1.1 percent, global trade in vegetable oil is increasing at nearly 3 percent and vegetable meal exports expand 2.2 percent each year.  Palm oil dominates vegetable oil demand, supplying 57 percent of globally trade oils. The trade in sunoil is small by comparison but has grown the fastest with a 138 percent increase over the past decade. Meanwhile, soymeal dominates the trade in protein meals, holding a 71 percent global market share. The trade in peanut meal is relatively puny...

TAGS – Soy & Oilseeds, Asia, Europe, North America