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- (-) Oilseeds (excl. soybean)
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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.
FAS Sofia updates its forecasts for Bulgarian production of oilseed crops in marketing year (MY)2023/24 to 2.48 million metric tons (MMT), based on improving prospects for average yields of rapeseed and sunflower.
Soybean imports are increased to 98 million metric tons (MMT) and 98.5 MMT in marketing year (MY) 22/23 and MY 23/24, respectively, on rebounding soybean meal (SBM) and soybean oil demand.
With full implementation of a 7 percent blend in 2015, biodiesel production is forecast to reach 537 million liters, up from 359 million liters in 2014.
MY 2015 sunflower seed area and production are now estimated at 505,000 hectares and 1 MMT, respectively.
The low price of soybeans is expected to push China’s soybean imports to a record 76 million tons in MY14/15, up from the 70.4 million tons in the previous year.