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Indonesia’s palm oil export estimates for 2024/25 are lowered due to the rollout of the new B40 Biodiesel mandate which is expected to raise domestic industrial palm demand by 2 percent.
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.
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....
Indonesian palm oil production is expected to benefit from favorable weather conditions in the upcoming months, fueling production increases.
Reductions in government support to corn production encouraged Chinese farmers to plant more oilseeds, primarily soybeans.
The Netherlands is the second largest soybean and soybean meal importer in world.
Post estimates Vietnam’s wheat imported volume for MY 2016/2017 at 5.5 million tons due mainly to the competitive price of feed wheat.
Post forecasts 2017/18 and 2016/17 soybean production to 105 and 114 million metric tons (mmt), respectively.
FAS/Tokyo team visited the largest manufacturing plant of Kewpie Co. Ltd., a major food manufacturer in Japan.
The Ministry of Agriculture foresees total grain production totaling 3.5 MMT, of which Post estimates will be split 2.5 MMT for wheat and one MMT for barley....