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In Marketing Year (MY) 2014/15 (Calendar Year 2015), the U.S. was unseated by Brazil as the largest exporter of soybeans to Vietnam.
In Taiwan, soy sauces increasingly feature labels claiming a variety of production methods such as “non-genetically engineered” (non-GE), “pure fermentation,” and “organic.”
Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.
Post forecasts 2016/17 production area at 1.1 million hectares, a decrease of 8 percent from Post’s area estimate of 15/16.
Australia normally produces around four million MT of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of the total.
Turkey was the 11th-largest export market for U.S.agricultural products in calendar year 2011.
Production of distillers dried grains (DDG) has soared in recent years as ethanol production has grown.
Brazilian exports continue to surge and provide growing competition for U.S. farm products.
Brazilian crop and livestock production continues to expand, building on rapid gains over the past few decades.