Browse Data and Analysis

On March 16, 2018, China notified the World Trade Organization (WTO) of the draft Code of Practice for the Prevention and Reduction of Aflatoxin Contamination in Food, as SPS/N/CHN/1068.

Palm oil production is forecast to marginally increase to 20.5 million tons in 2017/18 from 18.8 million tons in 2016/17.

Taiwan is the United States sixth largest export market for soybeans. Soybean consumption and imports are forecast to remain stable in MY2017/18 and MY2018/19 at 2.525 million tons.

Driven by strong feed demand from the livestock and aquaculture sectors and falling local soybean cultivation area, soybean imports are forecast to increase to 1.9 million metric tons....

FAS/Moscow anticipates production of the three main oilseed crops in Russia in MY 2018/19 at 16.9 MMT, a 7.3 percent increase over MY 2017/18 driven by higher sunflowerseed and soybean production.

Australia normally produces over 5 million metric tons (MMT) of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of total production.

Post expects slower growth in the vegetable oil and oil meal sectors in MY 2018/19, given potential declines in consumer purchasing power and general economic uncertainty.

Steady economic growth in Japan is forecast to contribute to moderate growth in vegetable oil production and consumption in marketing years 2017/18 and 2018/19.

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).

India is expected to produce 6.4 million metric tons (MMT) of rapeseed and mustard in marketing year (MY) 2017/18 (Oct-Sept) on 6.7 million hectares.

Post forecasts that a record area of 1.6 million hectares will be planted with oilseeds in South Africa later in 2018, for the 2018/19 MY, which is predominantly driven by increased soybean plantings.