Indonesia: Oilseeds and Products Update

With new mature area entering full production and expectations for above trend yields, the 2017/18 palm oil production forecast is maintained at 38.5 million tons, a 5.5 percent increase from 2016/17. Soybean use in livestock feed is increasing due to the market distortions caused by the corn import ban. Meanwhile, the Ministry of Agriculture is considering measures to restrict soybean imports.

Indonesia: Oilseeds and Products Update