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Post reduces its MY 2021/2022 soybean production estimate to 41 million metric tons (MMT), 4 MMT below the official USDA estimate. Despite rains in January which forestalled greater losses, high temperatures and dryness in December and early January caused considerable damage in key growing areas and depleted soil moisture reserves.
Bulgarian farmers planted higher area under rapeseed in marketing year (MY) 2022/23 due to attractive and consistently increasing prices.
Post lowered its 2021/22 forecast for soybean planted area further, to 39.8 million hectares (ha) and soybean production to 134.5 million metric tons (MMT). From the last estimates, weather conditions have continued to worsen in key producing regions.
Only limited growth in soybean and vegetable oil imports is forecast for 2021/22. Rising prices and changes in taxation policies are hindering demand for meal from the poultry sector and capping growth in edible oil demand.
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.
Indonesia kicked off 2022 by rolling out several market intervention policies in response to recent rising prices for cooking oil. From January 19-31, 2022, Indonesia implemented a temporary cooking oil subsidy program utilizing the Crude Palm Oil (CPO) fund, the same funding source that subsidizes the biodiesel mandate program.
Fishmeal production in marketing year (MY) 2017/2018 (January-December 2018) is forecast at 705,000 metric tons (MT), three percent lower than the estimated production in the previous year.
Taiwan is a mature and stable market. The primary driver behind soybean imports is demand for soybean meal for animal feed.
Beginning February 4, 2017, Korea’s Ministry of Food and Drug Safety began enforcing biotech labeling requirements that were finalized on February 3, 2016.
Canada's oilseed production (canola, soybeans, and sunflowers) for 2017/2018 is forecast to rise modestly to 25.3 million metric tons (MMT), up one percent from 2016/2017....
FAS/Moscow forecasts Russia’s 2017 production of three major crops (sunflowerseed, soybeans, and rapeseed) at 15.3 million metric tons (MMT), a two percent increase over last year.