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Post estimates MY 2022/2023 soybean production at 21.25 million metric tons (MMT), 3.75 MMT below the official USDA estimate on lower than expected yields.
Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.
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....
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.
For 2023/24, Post forecasts soybean planted area at 45.2 million hectares (ha), and production at 159 million metric tons (MMT), based on a yield of 3.52 mt per ha.
Soybean imports are increased to 98 million metric tons (MMT) and 98.5 MMT in marketing year (MY) 22/23 and MY 23/24, respectively, on rebounding soybean meal (SBM) and soybean oil demand.
Prolonged persistent heat and lack of precipitation for several months are seriously affecting corn, soybean, fruit and vegetable production in Bosnia and Herzegovina.
MY 2015 sunflower seed area and production are now estimated at 505,000 hectares and 1 MMT, respectively.
September 1 - 3, 2015, OAA Algiers hosted a three-day workshop that focused on USDA’s grading standards for corn, soybeans, and wheat.
The low price of soybeans is expected to push China’s soybean imports to a record 76 million tons in MY14/15, up from the 70.4 million tons in the previous year.