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- (-) Soybeans
- (-) December 2022
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Mexico has not officially reported any approvals for genetically engineered (GE) agricultural products for food and feed use since May 2018. Additionally, Mexico has not approved any permit applications for cultivation of GE crop (cotton and alfalfa)...
India’s soybean, peanut, and sunflowerseed production for marketing year (MY) 2022/23 (October-September) is estimated at 11.1 million metric tons (MMT), 6.65 MMT, and 200,000 metric tons, respectively, reflecting heavy late season rainfall in September and October that impacted yields and crop quality.
On larger than expected production loss related Indonesia’s palm oil export ban policy, Post revises down Indonesia palm oil production to 44.7 million ton (MMT) for 2022/23 and updates 2021/22 production to 43.2 MMT. Soybean imports for 2022/23 are forecast at 2.6 MMT on continued demand from tofu and tempeh producers.
Due to uncertainty regarding policy on imported soybeans, the 2022/23 soybean import forecast is reduced from 2.5 to 2.2 million tons. Due to the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly. Reflecting continued decline in consumer purchasing power due to record level inflation, the forecast for 2022/23 palm oil imports is also reduced.
In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).
Canada's oilseed production for 2016/2017 is forecast to drop to 21.5 million metric tons (MMT), down 2.0 million tons from 2015/2016, mostly driven by lower canola production.
2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.
Oilseed planted area is forecast to surge in Marketing Year (MY) 2016/17.
Due to an extreme drought oilseed production in South Africa is expected to decrease by 20 percent in the 2015/16 MY to 1.4 million tons.
Soybean imports are expected to reach 2.42 million metric tons (MMT), reflecting additional crush capacity, as well as strong soybean meal and oil demand.
Following a double digit decline in total oilseed production in MY2015/16 due to summer heat and drought, Bulgarian farmers are ready to expand planted areas under sunflower and rapeseed in MY2016/17.
Rapeseed remains the most profitable oilseed for Czech farmers. In MY 2015/16 they experienced another good crop of 1.26 million MT of rapeseed on area of 366,180 HA.