Browse Data and Analysis

Post reduces its MY 2021/2022 soybean production estimate to 41 million metric tons (MMT), 4 MMT below the official USDA estimate. Despite rains in January which forestalled greater losses, high temperatures and dryness in December and early January caused considerable damage in key growing areas and depleted soil moisture reserves.

Post lowered its 2021/22 forecast for soybean planted area further, to 39.8 million hectares (ha) and soybean production to 134.5 million metric tons (MMT). From the last estimates, weather conditions have continued to worsen in key producing regions.

Only limited growth in soybean and vegetable oil imports is forecast for 2021/22. Rising prices and changes in taxation policies are hindering demand for meal from the poultry sector and capping growth in edible oil demand.

Indonesia kicked off 2022 by rolling out several market intervention policies in response to recent rising prices for cooking oil. From January 19-31, 2022, Indonesia implemented a temporary cooking oil subsidy program utilizing the Crude Palm Oil (CPO) fund, the same funding source that subsidizes the biodiesel mandate program.

This report includes updates for the palm oil PS&D table, including final figures for the 2014/15 Oct/Sept. marketing year (MY). MY 2014/15 output was dampened by floods affecting East Coast Malaysia

Over the past decade, the United States' agricultural exports to China have risen sharply, propelling China into its position as the fastest-growing and highest-value export destination...

Soybean production in marketing year (MY) 2015/16 (Oct-Sept) is forecast lower to 7.5 million metric tons (MMT) planted on 11.6 million hectares.

The victory of President-elect Maurcio Macri on November 22nd, has lifted producer expectations and will likely have a significant impact domestically and in international markets.

Turkish soybean area and production for MY 2015 are estimated about 25,000 hectares and 90,000 MT.

The Tunisian Ministry of Agriculture estimated olive oil production for MY 2014/15 at 320,000 MT, which is a record high.

The beginning of marketing year 2015/16 features higher production volumes for sunflower seeds and soybeans, while rapeseed production is lower compared to the previous marketing year.

Post maintained its 2015/16 production forecast to 98.5 million metric tons (mmt), a record. Area planted for soybeans in Brazil is estimated at 33 million hectares.