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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.
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.