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Edible oil prices have been trending higher and are now increasingly volatile due to poor market transparency and the Russian invasion of Ukraine. Post forecasts MY 2022/2023 soybean imports up to 2.8 million MT, while local soybean production remains flat.
For marketing year (MY) 2015/16 (May to April), Post’s rice production estimate is lowered to 34.6 million tons due to floods that affected Aman rice production...