Browse Data and Analysis

Bulgarian farmers planted higher area under rapeseed in marketing year (MY) 2022/23 due to attractive and consistently increasing prices.

Only limited growth in soybean and vegetable oil imports is forecast for 2021/22. Rising prices and changes in taxation policies are hindering demand for meal from the poultry sector and capping growth in edible oil demand.

Indonesia kicked off 2022 by rolling out several market intervention policies in response to recent rising prices for cooking oil. From January 19-31, 2022, Indonesia implemented a temporary cooking oil subsidy program utilizing the Crude Palm Oil (CPO) fund, the same funding source that subsidizes the biodiesel mandate program.

In MY 2017/2018, palm oil production increased 23 percent due to new-planted areas starting to bear fruit.

Pakistan’s soybean imports during 2017/18 reached a record 2.2 million metric tons (MMT) and are forecast at 2.6 MMT in 2018/19 based on preliminary bookings.