Palm | Kelapa Sawit

HAMBURG, Dec 22 (Reuters) - Global soybean crushing from October 2009 to September 2010 are likely to rise to 203.4 million tonnes from 194.1 million tonnes in the previous season due to a decline in processing of other oilseeds, Oil World forecast.
"In the U.S. oilseed crushings started to recover in October under the lead of soybeans," the Hamburg-based oilseeds analyst said on Tuesday.
It forecasts U.S. October 2009/September 2010 soybean crushings will rise to 47.9 million tonnes from 44.8 million tonnes in 2008/09, while U.S. processing of other oilseeds will decline.