Browse Data and Analysis

On April 18, 2025, the People’s Republic of China (China’s) State Administration for Market Regulation (SAMR) released the Announcement for Deployment of Inspection and Rectification Actions for Edible Vegetable Oils.

With favorable weather and steady fertilization, palm oil production is anticipated to rise 3 percent reaching 47 million metric tons (MMT) for 2025/26.

On April 8, 2025, the People’s Republic of China (PRC) National Crop Variety Registration Committee (CNCVRC) published a third variety registration list for genetically modified (GM) corn and soybeans.

FAS Manila forecasts soybean meal imports in Marketing Year (MY) 2025/26 to increase by 3.1 percent to 3.35 million metric tons (MMT) compared to the previous MY, due to an increase in local feed demand from the broiler, layer, aquaculture, and pet food industries, along with the forecast gradual rebound of the swine industry.

Japan's vegetable oil and protein feed markets are mature and stable. While surging commodity prices and the shipping crisis impacted Japan's oilseed and product imports in the past, the situation has normalized.

MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S. reciprocal tariff measures.

On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.

Recovering from weather challenges in the first part of MY 24/25, Post forecasts MY 25/26 Malaysia palm oil production to increase to 18.5 million metric tons (MT).

Vietnam’s soybean crushers are expanding capacity with new production lines coming online in the 2024/25 and 2025/26 marketing years.

Taiwan’s soybean imports are forecast at 2.65 MMT for MY2024/2025 and MY2025/2026, a slight increase from the previous MY.

Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.

Post forecasts MY 25/26 China soybean production at 19.8 million metric tons (MMT) and imports at 106 MMT. The production forecast is down slightly from MY 24/25 and the import forecast is up 2 percent year over year.