Indonesia: Oilseeds and Products Update

  |   Attaché Report (GAIN)

Due to favorable growing conditions and reports of higher production throughout the sector, palm oil production is forecast to reach 38.5 million tons in 2017/18, and 2016/17 output is revised up to 36 million tons. Buoyed by larger domestic availability, palm oil exports in 2017/18 are also revised upwards. Soybean imports from the United States continue to grow. However, the Ministry of Agriculture’s plans to curb soybean imports cloud prospects for future U.S. soybean sales.

Indonesia: Oilseeds and Products Update

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