Export VAT refunds for soybeans and rapeseed have been officially reestablished for all exporters. This should foster lower soybean crush numbers for marketing year (MY) 2020/21.
Japan’s palm kernel shell (PKS) imports have dramatically increased since 2012, when biomass-generated power became eligible for a feed-in-tariff program (FIT).
Post forecasts that year-on-year Romanian oilseed production will decline by 10.7 percent in marketing year (MY) 2020/21, mainly due to a decline in the sunflower area.