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Soybean imports are forecast at 101 million metric tons (MMT) in marketing year (MY) 21/22, up 3 MMT from the previous year.
India’s soybean production estimate for marketing year (MY) 2021/22 (October-September) is lowered to 10.8 million metric tons (MMT) on account of delayed and erratic rainfall.
This report updates several sections of the “European Union: Oilseeds and Product Annual” released in April 2021.
In June 2019, the Nigerian government formulated a new policy to invest some $500 million in expanded palm oil production.
Based on trends in the swine sector, the MY2019/20 soybean import forecast for China is reduced to 80 million metric tons (MMT).
The Government of Indonesia (GOI) is reviewing palm planted area following conflicting data from several government agencies.