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Indonesia’s launch of B30 in January 2020 is expected to increase 2019/20 industrial consumption of palm oil to 9.2 million tons, raising total domestic consumption to a record 15.61 million tons.
With a young and growing middle-class and rising incomes, food and beverage processing in Vietnam has shown strong growth in the past five years.
Post forecasts slightly lower soybean production on limited area rise and a return to historical yield levels for 2017/18.
Post forecasts 2017/18 area planted to remain stagnant at 1.2 million hectares. This area and a return to historical yields are forecast to produce 3 million tons.
This report incorporates various updates to Production, Supply and Distribution (PSD) data based on recent export numbers as well as domestic planting areas for sunflowers, soybeans, rapeseed....
Cooperators held a number of promotional events across Japan in May 2017, including the most recent Cooperator to enter the Japanese market, the California Olive Oil Council (COOC).
Dry weather conditions prevailing throughout the winter grains crop cycle, along with warmer than average spring temperatures have driven down yield expectations in Spain.
Italy is the second largest olive oil producer in the European Union (EU) after Spain and accounts for approximately one-quarter of the EU-28 olive acreage.
In August 2012, the Consumer Affairs Agency (CAA) started to work towards completion of a comprehensive Food Labeling Standard (see, e.g., GAIN Reports JA3001 and JA3054).