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U.S. farm and food exports climbed eight percent in FY 2017, reaching the third-highest level on record.
Line graph comparing U.S. agricultural trade to and from India. In 2016, the U.S. imported $2.1 billion, while exporting $1.3 billion worth of agriculture.
Pakistan’s soybean imports during 2016/17 reached a record 1.6 million metric tons (MMT) and are forecast at 2 MMT in 2017/18 based on preliminary bookings.
Post’s MY17/18 soybean production forecast is 14.4 million metric tons (MMT), up from the estimated 12.9 MMT in the previous year.
Graphic illustrating the distribution of India's agriculture imports from the world, which topped $16.9 billion in 2016.
In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).
Canada's oilseed production for 2016/2017 is forecast to drop to 21.5 million metric tons (MMT), down 2.0 million tons from 2015/2016, mostly driven by lower canola production.
2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.
Oilseed planted area is forecast to surge in Marketing Year (MY) 2016/17.
Due to an extreme drought oilseed production in South Africa is expected to decrease by 20 percent in the 2015/16 MY to 1.4 million tons.
Soybean imports are expected to reach 2.42 million metric tons (MMT), reflecting additional crush capacity, as well as strong soybean meal and oil demand.
Following a double digit decline in total oilseed production in MY2015/16 due to summer heat and drought, Bulgarian farmers are ready to expand planted areas under sunflower and rapeseed in MY2016/17.