Breaking News-RTRS-Oil World sees strong rise in U.S. soyoil exports

HAMBURG, Aug 11 (Reuters) - U.S. July/December 2009 soyoil exports are likely to rise to around 800,000 tonnes from 330,000 tonnes in the same period in 2008 and up from 540,000 tonnes in the first half of this year, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
A major reduction in July/December soyoil exports is expected from rival suppliers Argentina and Brazil following poor soybean crops and rising use of soyoil for biodiesel production, Oil World said.