Browse Data and Analysis

On March 22, 2021, the Food Safety and Standards Authority of India (FSSAI) modified its food safety and standards related to Shea butter and Borneo tallow nut oil (or Sal nut oil).

Ukraine sets an export cap for sunflower oil at 5,380 thousand metric tons (TMT).

Total EU oilseeds area in MY 2021/22 is forecast to marginally increase by almost one percent. This increase in planted area is expected to take place in all three major oilseeds: soybean, rapeseed, and sunflower.

Post projects an increase of 100,000 hectares in soybean planted area and production of 51.5 million tons for marketing year 2021/2022.

MY2021/22 is characterized by a further reduction in rapeseed production. Total United Kingdom (UK) rapeseed area in MY2021/22 is forecast to decline by 17 percent, primarily due to uncertainty over crop performance.

Oilseed production is expected to rebound in marketing year (MY) 2021/22, as high international prices should encourage farmers to increase their soybean planted area.

Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates from the impacts of African Swine Fever, along with a forecasted increase in poultry production and bovine herd expansion.

The Philippines is the largest market for U.S. soybean meal (SBM) and the world’s top coconut oil (CNO) exporter.

The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22

On March 22, 2021, the Belgian government notified the European Commission of a draft national decree transposing the EU Renewable Energy Directive

Post estimates Malaysian crude palm oil (CPO) production in marketing year (MY) 2020/21 at 19

For Marketing Year (MY) 2020/2021, Nicaragua's peanut production reached over 194,000 metric tons (mt), which is a 21 percent increase compared to the previous cycle