Browse Data and Analysis

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.

On Monday, June 24, 2024, the Ministry of Agriculture, Forestry and Fisheries (MAFF) of the Government of Japan (GOJ) opened a public comment period for its revision for domestic field trial requirements of genetically engineered (GE) crops.

Soybean production for MY 24/25 is forecast at 19.6 million metric tons (MMT) based on planted area of 9.95 million hectares (Mha). The relatively low and declining soybean meal (SBM) prices since the beginning of MY 23/24 could encourage more SBM use in feed production.

As of June 1, 2024, Turkiye’s Ministry of Trade has relaxed the ban on the export of bulk and barreled olive oil, allowing up to 50,000 tons of bulk and barreled olive oil to be exported until November 1, 2024. This decision, in response to negative sentiment from domestic industry, is expected to have a positive, though limited, impact on global olive oil prices.

Post revises down its Marketing Year (MY) 2023/24 production estimates to 150 million metric tons (MMT) due to (i) the recent floods in Brazil’s southernmost state of Rio Grande do Sul and (ii) lower yields across several states.

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.

On December 14, Taiwan’s Legislative Yuan amended legislation to withdraw genetically engineered (GE) food products from school meals.