Oilseeds

Oilseed production is met with mixed expectations in 2022. Total soybean production is forecast to increase slightly due to higher planted area in marketing year (MY) 2022/23. However, the cancellation of federal commercialization support programs...

Post forecasts Malaysian crude palm oil (CPO) production in marketing year (MY) 2021/22 at 18.5 million metric tons (MT), an increase of 646,000 MT compared to the previous year. This increase is lower than the USDA official estimate due to the...

MY2022/23 is characterized by a small decrease in rapeseed production and an increase in imports of soybean meal and oil. Total United Kingdom (UK) rapeseed area in MY2022/23 is forecast to increase by 17 percent with an anticipated yield of 3Mt per hectare, slightly below the Defra five-year average of 3.3Mt per hectare.

Private exporters reported sales of 229,200 MT of soybeans received during the reporting period for delivery to unknown destinations - 10,200 MT is for delivery during MY 2021/2022 and 219,000 MT is for delivery during MY 2022/2023.

Private exporters reported sales of 132,000 MT of soybeans for delivery to China during MY 2021/2022.

Private exporters reported the following activity: 132,000 metric tons of soybeans for delivery to China during the 2022/2023 marketing year 133,000 metric tons of soybeans for delivery to unknown destinations. Of the total, 78,000 metric tons is for...