Browse Data and Analysis

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

FAS Manila forecasts MY 2024/25 soybean meal imports to reach 3.2 million metric tons (MMT), an increase of 4 percent attributed to the growing feed demand for livestock, poultry, and aquaculture. The projected 3 percent growth in soybean meal equivalent (SME) consumption coincides with the forecasted 3 percent increase in livestock production during the same period.

This report updates several sections of the European Union’s “Oilseeds and Products Annual” report released in April 2023.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

FAS Manila forecasts copra production at 3 million MT for MY 2023/24 because of the coming El Niño and the break from the 3-year productive cycle. Soybean meal imports are projected to reach 2.9 million MT because of expected expansion in the broiler and aquaculture sectors.

FY2022 agricultural exports reach record levels.

This report updates several sections of the European Union’s “Oilseeds and Products Annual” report released in April 2022. Updated sections include soybean, rapeseed, and sunflower. Increased areas of about 10 percent for all three major oilseeds but lower average yields for sunflower, and rapeseed are forecast to result in a total of about 3 percent higher production in MY 2022/23.

On May 19, 2022, the European Commission (EC) approved two genetically engineered (GE) crops (1 soybean and 1 corn/maize) for food and animal feed. The two authorizations were published in the European Union’s Official Journal on May 20, 2022, and they remain valid for 10 years.

Despite increased area, oilseed production in marketing year 2022/23 is forecast to show only a small increase due to lower average yields than in the previous marketing year. Like in other sectors, the Russian invasion of Ukraine significantly impacts the oilseeds market.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

On March 31, 2022, the European Commission (EC) approved three genetically engineered (GE) crops (1 soybean, 1 rapeseed, and 1 cotton) and renewed the authorization for 1 cotton crop for food and feed imports. The three authorizations and one renewal were published in the European Union’s Official Journal on April 4 and 7, 2022, and they remain valid for 10 years.

The Philippines is the largest market for U.S. soybean meal (SBM) and a top coconut oil exporter. The country is also a major palm oil market for neighboring ASEAN countries. The loosening of COVID-related restrictions and the corresponding economic rebound are expected to support greater demand for soybean meal.