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Following seven consecutive years of growth, Japan’s hotel, restaurant, and institutional (HRI) food service industry achieved record sales of ¥33.1 trillion ($299.8 billion) in 2018.
Vietnam maintains strong demand growth for oilseeds for food and oil consumption.
2019/20 soybean planted area is forecast at 18 million hectares, up 0.2 million hectares as producers shift second season plantings from corn to soybeans.
Crude palm oil (CPO) production through the first 11 months of marketing year (MY) 2018/19 is up 6 percent compared to the same time the previous year....
The Tunisian Ministry of Agriculture estimated olive oil production for MY 2014/15 at 320,000 MT, which is a record high.
The beginning of marketing year 2015/16 features higher production volumes for sunflower seeds and soybeans, while rapeseed production is lower compared to the previous marketing year.
Pakistan continues to expand its imports of soybeans, importing over 500,000 metric tons in 2014/15 (a record), with projected 2015/16 imports of 1.5 million metric tons.
The first tentative post-harvest data on 2015 oilseeds crops showed rapeseed production in line with AgSofia’s earlier forecast, however, the sunflower crop declined due to the summer heatwave.
2015/2016 sunflower production is revised down to 2.61 million tons on an increasingly less profitable situation, especially in Buenos Aires and La Pampa provinces.
Post forecasts the 2015/16 soybean production at a record of 98.5 million metric tons despite the slow planting start for the second year in a row in the center-west region.