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- (-) Oilseeds (excl. soybean)
- (-) September 2016
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MY 2016 sunflowerseed area and production are now estimated at 550,000 hectares and 1.2 million MT while planting area is up about ten percent, production was up about twenty percent...
In addition to China’s growing demand for oilseed products, the low price of soybeans is expected to push China’s soybean imports to exceed 76 million tons in MY14/15, up from the 70.4 million tons...
Robust soybean planting in Cordoba province and smooth planting in the rest of the country are trending national production area towards the 2014/15 soybean forecast of 21 million hectares.
Post’s October forecast for MY14/15 total oilseed production is 55.8 million tons, down by 5 percent from an estimated 58.7 million tons in MY13/14.
The Canadian renewable fuels industry is coming close to reaching its medium term domestic production capacity.
Sunflower and rapeseed crops have responded well to the favorable climatic conditions in 2014.
Unusually rainy weather along with cooler temperatures this year made the season challenging for the farmers.
Statistics Canada puts the 2014/2015 wheat, barley, corn, and oat crop at 48.7 million metric tons (MMT), 26 percent below the previous year’s crop of 65.9 million metric tons.
Pakistan recently purchased 40,000 metric tons of U.S. soybean meal.
Post forecasts a 14% increase in Zimbabwe’s total oilseed production in the 2014/15 MY, to 359,000 tons, due to a strong demand from oilseed processors as oilseed crushing is starting to recover.
Kazakhstan’s 2014 grain harvest is lower than last year, with the FAS/Astana estimate for wheat production at 13.0 million metric tons (MMT), down from last year’s 13.9 MMT.