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Post revised the forecasted palm oil production in marketing year MY2023/24 to 19.0 million metric tons (MT) and exports to 16.6 million MT. Contrary to expectation, the El Niño weather pattern in Malaysia has so far been weak to medium intensity.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.
Post lowers marketing year (MY) 2022/2023 soy production at 20.5 million metric tons (MMT) still below the USDA official on lower than expected harvest area and yields due to drought. Post lowers MY2022/2023 crush to 26 MMT due to decreased exports and the lowest crush operation rates decades during recent months.
Post revises down MY 2023/24 soybean production to 158.5 MMT due to poor weather outlooks resulting from El Niño, particularly in the Centre West states, which may affect final yields currently projected at 3.507 kg/ha.
On December 26, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 85 seed production and operation licenses, including 26 genetically engineered (GE) corn and soybean seed production and operation licenses.
Bulgaria already exported its rapeseeds surplus with exports reaching 460,000 MT at the end of November.
During the past decade, Turkey has emerged as a major exporter of agricultural products, both to the Middle East and other markets.
Original Designs Feature U.S. Hardwoods at Japan’s Largest Furniture Show; AHEC Success Story Continues to Pay Dividends; Forest Products Summit Confronts Challenging Market Conditions
Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).
Ecuador’s Foreign Trade Committee (COMEX) resolved on November 26, 2014, to extend the current tariff and duty exemption for soybean meal imports from all origins (including the United States).
According to the German parliament's scientific service, T-TIP could force Germany to abolish its plans for labeling for food from animals fed with GMO feed.