Wednesday, December 3, 2008

Breaking News-RTRS-Soybean crushings fall on low demand-Oil World

HAMBURG, Dec 2 (Reuters) - Global soybean crushings are expected to fall in 2008 because of low demand, reversing 10 years of crushing growth, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Global soybean crushings will fall by 1.5 million tonnes on the year in the last quarter of 2008 after falling 300,000 tonnes on the year in July/Sept 2008, Oil World estimates.