China: Oilseeds and Products Update
Link to report:
Post raises its forecast for marketing year 25/26 soybean production slightly to 19.9 million metric tons on generally favorable weather conditions in northern China and slightly higher planted area. As of September 11, China had not made purchases of new crop U.S. soybeans and has continued to rely on South American origins. Post lowers its forecast for rapeseed imports based on anti-dumping duties on Canadian canola. Palm oil imports are also reduced as high prices have made palm oil less competitive in China’s flagging edible oil market.
