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In Marketing Year (MY) 2014/15 (Calendar Year 2015), the U.S. was unseated by Brazil as the largest exporter of soybeans to Vietnam.
In Taiwan, soy sauces increasingly feature labels claiming a variety of production methods such as “non-genetically engineered” (non-GE), “pure fermentation,” and “organic.”
Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.
Post forecasts 2016/17 production area at 1.1 million hectares, a decrease of 8 percent from Post’s area estimate of 15/16.
Australia normally produces around four million MT of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of the total.
While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.
FAS/Moscow forecasts Russia’s 2016 production of three major crops (sunflowerseed, soybeans, and rapeseed) at 13.25 million metric tons (MMT), a 4 percent increase from last year.
In MY14/15 China continued dominating the global oilseeds market, retaining its status as the world's largest importer of soybeans.
U.S. exhibitors at FOODEX 2016 report more than $25 million in projected sales; FAS/Japan helps promote U.S. beef, soybeans and organic products...
Soybean area is projected to grow. Sunflowerseed area will likely remain stable while rapeseed area will retract.
In MY14/15 China continued dominating the global oilseeds market, retaining its status as the world's largest importer of soybeans.
Palm oil production estimates for 2015/16 remain unchanged at 33 million metric tons.