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- (-) Oilseeds (excl. soybean)
- (-) November 2024
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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....
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.
Soybean production for MY 24/25 is forecast slightly up at 19.9 million metric tons (MMT) based on higher yield and a planted area of 9.95 million hectares (Mha).
After two consecutive years of short olive oil production, MY 2024/25 olive oil output in the EU is expected to revert to average levels on good flowering conditions and a mild summer. Fall precipitation will be critical to final production volumes.
Kazakhstan’s wheat production is expected to recover in 2013, but exports to Russia - its largest market in 2012/13 - are expected to drop sharply.
China is expected to remain a significant importer of biotech products and may become an exporter of biotechnology in the medium to long term.