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- (-) Soybeans
- (-) December 2024
- (-) December 2014
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Post increased the 2024/25 forecast for soybean planted area expansion in Brazil to 47 million hectares (HA) and soybean production to 165 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year.
In marketing year (MY) 2024/25 Bulgaria harvested its lowest oilseed crop for more than a decade due to extremely hot and dry summer weather conditions impacting yields. The total oilseed crop for sunflower, rapeseed and soybeans is estimated at just over 1.6 million metric tons (MMT), compared to 2.0 MMT the previous year.
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.
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.
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....
Indonesia’s B40 biodiesel blending mandate program, which is expected to roll out in 2025, is projected to increase palm oil use by 3 percent to 22 million metric tons in 2024/25. Soybean consumption recovered in 2023/24 as soybean retail prices continue to decrease.
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.