Browse Data and Analysis

Marketing Year (MY) 2025/26 is forecast to see record low plantings of rapeseed oilseeds (rapeseed) in the United Kingdom (UK), down below 250 thousand hectares, with production falling below 750 thousand metric tons.

Following the resumption of genetically engineered soybean imports after two years, soybean imports are forecast to rebound to 2 million tons in 2025/26. With a slight increase in domestic production expected, rapeseed imports are forecast to decline.

U.S. soybean exports to Pakistan have resumed after Pakistan removed a 2-year functional ban. On February 18, 2025, Pakistan received its first U.S. soybean shipment of 65,000 tons, and U.S. exporters will soon ship approximately 200,000 more tons.

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.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

MY 2023/24 saw rather disappointing yields for the UK rapeseed oilseed crop overall. In MY 2024/25 rapeseed production is forecast even lower at 900 thousand metric tons (MT) due to a combination of poor growing conditions, a sharp fall in the price of rapeseed, pest pressure and the increased attractiveness of agri-environment options.

While there is still considerable uncertainty regarding implementation, in January 2024 the government approved a system allowing for the resumption of genetically engineered commodity imports.

On 24 November, the Federal Cabinet approved amendments to the National Biosafety Rules, which should enable genetically engineered soybean imports to resume in the first half of calendar year 2024. As a result, the 2023/24 soybean import forecast is...

MY 2022/23 has been overshadowed by the developments in Ukraine. However, a larger than forecast rapeseed harvest, following favorable growing conditions, avoided the UK being reliant on imported oilseeds, meals, and oils.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

As of March 2023, Pakistani authorities still ban genetically engineered (GE) oilseed imports. While they have made some progress in developing a system to allow for GE oilseed imports, uncertainty regarding when that system will be operative clouds the outlook for oilseed imports.

Due to the recent ban on genetically engineered (GE) commodity imports, the 2022/23 soybean import forecast is reduced from 2.5 to 1.2 million tons. With the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly.