Malaysia: Oilseeds and Products Annual
As a result of lower than expected yields during the first half of the marketing year, the 2014/15 palm oil production forecast is lowered to 20 million tons. Despite an anticipated increase in mature harvested area in 2015/16, stagnant yields are forecast to result in only a marginal increase in palm oil output. More domestic use of palm-based biodiesel will hinder growth in exports in 2015/16. In the soy complex, both soybeans and soybean meal imports are forecast to increase only marginally, in line with the growth prognosis for the compound feed sector.
Malaysia: Oilseeds and Products Annual