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Post forecasts that China's ethanol and biodisel production will both increase by 5 percent in 2013 as China strives to reduce its fossil fuel use.
Indonesia is experiencing a mild La Niña event, resulting in increased rainfall and pushing palm oil production back to normal levels.
Post forecasts the 2016/17 soybean production at a record 101 million metric tons. The export forecast for Marketing Year 2016/17 is 57 MMT despite the slower pace of commercialization.