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Post revised the forecasted palm oil production in marketing year MY2023/24 to 19.0 million metric tons (MT) and exports to 16.6 million MT. Contrary to expectation, the El Niño weather pattern in Malaysia has so far been weak to medium intensity.
Post lowers marketing year (MY) 2022/2023 soy production at 20.5 million metric tons (MMT) still below the USDA official on lower than expected harvest area and yields due to drought. Post lowers MY2022/2023 crush to 26 MMT due to decreased exports and the lowest crush operation rates decades during recent months.
Post revises down MY 2023/24 soybean production to 158.5 MMT due to poor weather outlooks resulting from El Niño, particularly in the Centre West states, which may affect final yields currently projected at 3.507 kg/ha.
On December 26, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 85 seed production and operation licenses, including 26 genetically engineered (GE) corn and soybean seed production and operation licenses.
Fall drought conditions led to a three-percent decline in winter rapeseed area planted and could reduce the yield potential for winter rapeseed in marketing year (MY) 2019/20.
The estimated area planted to Genetically Engineered (GE) crops in Canada was down 2 percent in 2018, due primarily to lower soybean area in the prairie provinces.
The soybean production estimate for marketing year (MY) 2018/19 (Oct-Sept) has been revised down from 11.5 million metric tons (MMT) to 11.3 MMT to indicate slightly lower than expected....
Japan’s Ministry of Health, Labour and Welfare held its second and third public discussions on the handling of food products derived from genome editing technology on October 15 and November 19, 2018,
India’s political environment continues to hinder the development of agricultural biotechnology regulatory system.
Germany has 83 million of the world’s wealthiest consumers and is by far the biggest market in the European Union.
Turkish soybean area for MY 2018/19 is about 26,000 hectares and production is 100,000 MT, lower due to increases in cotton planting in recent years.
Palm oil production is increased to 39.5 million tons for 2017/18 and 41.5 million tons for 2018/19 based on better than expected yields.