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Post increased the 2024/25 forecast for soybean planted area expansion in Brazil to 47 million hectares (HA) and soybean production to 165 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year.
On October 28, 2024, the State Administration for Market Regulation (SAMR) published a revised “National Standard for Seeds of Economic Crops – Part 2: Oil Species,” which will come into effect on October 1, 2025.
FAS New Delhi expects India’s peanut oilseed production to rise by 18 percent in marketing year (MY) 2024/2025 and reach 7.2 million metric tons (MMT) due to higher market prices, an increased planting area of 5.6 million hectares, and the use of high-yielding varieties that produced higher yields.
In marketing year (MY) 2024/25 Bulgaria harvested its lowest oilseed crop for more than a decade due to extremely hot and dry summer weather conditions impacting yields. The total oilseed crop for sunflower, rapeseed and soybeans is estimated at just over 1.6 million metric tons (MMT), compared to 2.0 MMT the previous year.
In October 2024, the National Biosafety Committee (NBC) authorized imports of genetically engineered (GE) soybeans for food, feed, and processing. GE soybean imports are expected to resume in 2025, boosting prospects that the 1.5-million-ton import forecast for 2024/25 will be achieved.
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.
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....
Indonesia’s B40 biodiesel blending mandate program, which is expected to roll out in 2025, is projected to increase palm oil use by 3 percent to 22 million metric tons in 2024/25. Soybean consumption recovered in 2023/24 as soybean retail prices continue to decrease.
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.