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Graphic showing the percentage of U.S. agricultural production which is exported overseas. All told, more than 20 percent of U.S. agriculture is exported.
In order to maintain soybean processing at normal levels, Argentina is importing US soybeans for the first time in over two decades.
Post forecasts 2015/16 soybean area at 20.3 million hectares, marginally lower than Post’s 2014/15 area estimate, though up 2.5 percent from USDA 2014/15 estimates.
ATO Beijing recently visited China’s major food-grade soy trade show, and spoke with local soy food producers to explore U.S. food-grade soybean export potential.
Sunflower and rapeseed planted areas are projected to increase for MY2018/19.
The Indian Meteorological Department (IMD) forecast a near normal Southwest Monsoon for 2018 suggesting that June to September rainfall is likely to be 97 percent of the Long Period Average (LPA).
Assuming a normal monsoon season (June-September) and favorable weather conditions, India’s total oilseed production in Marketing Year (MY) 2018/19 (Oct-Sep) is forecast to rise 10 percent....
MY15/16 soybean imports are forecast at 79 million tons, slightly higher than the previous year.
Post reduced its 2015/16 production forecast to 98 million metric tons (mmt). Dry and hot weather in central and northeast Brazil is having an impact in the progress of the crop.
China is the second largest market for planting seeds after the United States. It is self-sufficient in planting seeds for grains, but imports some grass, vegetable, and fruit seeds.
News and consumer trends in South Korea’s food market.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.