Browse Data and Analysis

Fresh fruit bunch (FBB) and kernel yields are expected to remain high in MY2024/25 due to stabilized fertilizer prices and a good weather forecast. In response to the growing domestic and export demands, MY2024/25 soybean production forecast has been raised by 16 percent over the preceding year’s estimate.

Post forecasts MY2023/24 palm oil production up by 20 percent over the current marketing year’s estimate. Total domestic consumption is forecast marginally up, imports are expected to drop by 14 percent due to increased domestic production, but exports are forecast significantly up compared to the current marketing year’s estimate.

Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.

Although oilseed growers in western and central Romania benefited from early-summer precipitation, farmers in eastern Romania experienced significant drought conditions throughout the growing season.

Post forecasts that year-on-year Romanian oilseed production will decline by 10.7 percent in marketing year (MY) 2020/21, mainly due to a decline in the sunflower area.

On April 9, the Government of Romania (GOR) suspended most exports of grains, oilseeds, and related products as of April 10, 2020, to non-European Union (EU) markets.

The West African nations of Côte d’Ivoire, The Gambia, Ghana, Nigeria, and Senegal are home to some of the largest cities in the region...

Ghana’s overexploited marine stocks will continue to limit domestic seafood production, while population and economic growth push consumption upwards.

Post expects lower yields for Romanian rapeseed in marketing year (MY) 2018/19 due to dry planting conditions, hot and dry spring weather, and heavy rains during the summer harvest season.

Total EU oilseeds area and production in MY 2018/19 is forecast slightly upward due to increasing acreage of all three major oilseeds (rapeseed, soybean and sunflower).

Romania’s oilseed crop in marketing year (MY) 2017/18 will increase by 21 percent over last year, boosted by bumper sunflower production, as well as strong rapeseed and soybean crops.

Oilseed planted area is forecast to climb by nine percent in Marketing Year (MY) 2017/18.