Browse Data and Analysis

Côte d’Ivoire has become one of the major palm oil producers on the continent. Since 2018, the country has produced more than 500,000MT yearly. Currently, production is expected to increase 26 percent in MY2022/23 while demand outweighs supply.

Brazil is the fourth-largest export destination for U.S. agricultural and processed products in South America and depends on international suppliers to meet its demand for food processing ingredients, especially specialty products with high added value. These products offer significant opportunities for U.S. companies to supply Brazilian food manufacturers looking to meet the needs of a growing health-conscious consumer market.

FY2022 agricultural exports reach record levels.

China’s marketing year (MY) 22/23 soybean production is forecast to reach a near-record 19 million metric tons (MMT) on higher yields. Post maintains forecasted MY 22/23 soybean imports at 96.5 MMT on higher demand for soybean meal (SBM) for swine and poultry and vegetable oil demand for food sector use. Import growth is forecast to be partially constrained by higher domestic soybean production, ongoing sales of state reserve soybeans, and ongoing uncertainty regarding People’s Republic of China (PRC) COVID restrictions.

Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.

In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).

Canada's oilseed production for 2016/2017 is forecast to drop to 21.5 million metric tons (MMT), down 2.0 million tons from 2015/2016, mostly driven by lower canola production.

2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.

Oilseed planted area is forecast to surge in Marketing Year (MY) 2016/17.

Due to an extreme drought oilseed production in South Africa is expected to decrease by 20 percent in the 2015/16 MY to 1.4 million tons.

Soybean imports are expected to reach 2.42 million metric tons (MMT), reflecting additional crush capacity, as well as strong soybean meal and oil demand.

Following a double digit decline in total oilseed production in MY2015/16 due to summer heat and drought, Bulgarian farmers are ready to expand planted areas under sunflower and rapeseed in MY2016/17.