Browse Data and Analysis

Côte d’Ivoire has become one of the major palm oil producers on the continent. Since 2018, the country has produced more than 500,000MT yearly. Currently, production is expected to increase 26 percent in MY2022/23 while demand outweighs supply.

FY2022 agricultural exports reach record levels.

China’s marketing year (MY) 22/23 soybean production is forecast to reach a near-record 19 million metric tons (MMT) on higher yields. Post maintains forecasted MY 22/23 soybean imports at 96.5 MMT on higher demand for soybean meal (SBM) for swine and poultry and vegetable oil demand for food sector use. Import growth is forecast to be partially constrained by higher domestic soybean production, ongoing sales of state reserve soybeans, and ongoing uncertainty regarding People’s Republic of China (PRC) COVID restrictions.

Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.

Bulgaria already exported its rapeseeds surplus with exports reaching 460,000 MT at the end of November.

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Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).

Ecuador’s Foreign Trade Committee (COMEX) resolved on November 26, 2014, to extend the current tariff and duty exemption for soybean meal imports from all origins (including the United States).

According to the German parliament's scientific service, T-TIP could force Germany to abolish its plans for labeling for food from animals fed with GMO feed.

India’s current area planted for rabi (winter sown) oilseeds is 5.2 million hectares (MHA), an increase of two percent over 2013, primarily due to higher rapeseed and mustard area.

Post revises 2013/14 crude palm oil (CPO) production down by 500,000 metric tons (MT) to 30.5 million MT.

Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).