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While the United States holds a 5-year average of less than 1 percent market share ($20.7 million in 2023 exports), Senegal has a growing food manufacturing industry that seeks cost-competitive ingredients and is expanding its exports to neighboring countries.
Côte d'Ivoire is one of the leading producers of palm oil in Africa, with annual production exceeding 500,000 metric tons since 2018. The country consumes over 75% of its palm oil production domestically, with palm oil being a staple for 90% of the population. The high domestic demand for palm oil outstrips supply, creating intense competition for fresh fruit bunches (FFB).
In early August, Turkiye announced that it will open a lower-duty quota for 1.0 million metric tons of sunflower seed or crude sunflower oil equivalent, starting from January-April of next year.
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 palm oil exports are estimated to decline to 26.5 million metric tons (MMT) in 2023/24 on lower output and weaker demand from key destination markets. Post revised down 2023/24 palm oil production to 45.6 MMT as 2023’s El Nino led to much lower yields than previously anticipated.
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.