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Graphic showing the percentage of U.S. agricultural production which is exported overseas. All told, more than 20 percent of U.S. agriculture is exported.
In order to maintain soybean processing at normal levels, Argentina is importing US soybeans for the first time in over two decades.
Post forecasts 2015/16 soybean area at 20.3 million hectares, marginally lower than Post’s 2014/15 area estimate, though up 2.5 percent from USDA 2014/15 estimates.
ATO Beijing recently visited China’s major food-grade soy trade show, and spoke with local soy food producers to explore U.S. food-grade soybean export potential.
Sunflower and rapeseed planted areas are projected to increase for MY2018/19.
Assuming a normal monsoon season (June-September) and favorable weather conditions, India’s total oilseed production in Marketing Year (MY) 2018/19 (Oct-Sep) is forecast to rise 10 percent....
China’s soybean imports are forecast to hit a record of 86 million metric tons (MMT) in MY16/17, up from the estimated 83 MMT in MY15/16.
Pakistan continues to expand its imports of soybeans in response to an increased tariff on soybean meal. 2015/16 imports are estimated at a record 1.3 million tons.
Bulgarian farmers increased rapeseed planted area by 5% and soybean area was reported to decline by 42%.
Turkish soybean area and production for MY 2016 are now estimated about 33,000 hectares and 120,000 MT, respectively.