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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.
Indonesian palm oil production is expected to benefit from favorable weather conditions in the upcoming months, fueling production increases.
Reductions in government support to corn production encouraged Chinese farmers to plant more oilseeds, primarily soybeans.
A number of Cooperators held promotional events in May 2017, including the California Olive Oil Council, which is the most recent Cooperator to arrive in the Japanese market.