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- (-) Soybeans
- (-) July 2021
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The Ministry of Agriculture (MOA) has issued a new regulation requiring Import Recommendations for soybeans, however implementation may depend on corresponding regulations from the Ministry of Trade (MOT).
With the MY 2020/2021 harvest season almost complete, Post lowers its soybean production estimate 500,000 tons, to 44.5 million metric tons (MMT), 2.5 MMT below USDA Official.
For 2021/22, Post forecasts soybean planted area at 40.3 million hectares (ha), and production at 143.5 million metric tons (MMT), based on a yield of 3.56 mt per ha. Post revised up 2020/21 planted area estimate by 300,000 ha to 38.8 million ha, and...
Post adjusted the Marketing Year (MY) 2020/21 crude palm oil (CPO) production forecast down by 8,000 tons to 18.7 million tons. COVID-19 has caused acute labor shortages as the Government of Malaysia (GOM) halted the intake of new foreign workers indefinitely, while allowing foreign workers with expired work permits to return home, thus exaggerating the labor issues.
FAS China forecasts soybean production to fall to 17.5 million metric tons (MMT) in marketing year (MY) 21/22 from an estimated 18.5 MMT the previous year due to a shift in planted area to corn production. With domestic corn prices currently near a...
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), down 6 percent from the previous year as some producer switch to more profitable crops like corn and soybeans.
Graphic illustrating the total export of U.S. agricultural products to China, including the total value and top 5 commodities.
Timely spring rains and mild temperatures have contributed to improve yields expectations after a rather dry winter.
China’s MY16/17 soybean production is forecast to recover to 12.5 million metric tons (MMT) from the 11.6 MMT in the previous year, compared to the USDA official data of 11.8 MMT.
Graphic illustrating the total export of U.S. agricultural products to European Union, including the total value and top 5 commodities.
Graphic illustrating the total export of U.S. agricultural products to Japan, including the total value and top 5 commodities.