Browse Data and Analysis

Due to lower than forecast production in the first 6 months and expectations for a return to slightly above trend yields for the remainder of 2014/15, palm oil output is forecast at 19.5 million tons.

The Philippines is the second largest market for U.S. soybean meal (SBM) and the world’s largest coconut oil (CNO) exporter.

While Japan’s soybean production recovered in MY 2014/15, domestic production accounts for only 25 percent of soybeans consumed for food and a mere 8 percent of total soybean utilization.

In Marketing Year (MY) 2013/14 (Calendar Year 2014), the United States became the largest exporter of soybeans to Vietnam, surpassing Brazil.

Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.