Malaysia: Oilseeds and Products Annual
Palm oil production is forecast to drop from 19.8 million tons in 2014/15 to a low of 19.5 million tons in 2015/16 as there were long periods of dry weather which affected the major palm producing states of Sabah and Johore in mid-2015 and expectation that it would last till mid-2016. In addition, replanting incentives for plantation companies, tree stress, disease problems and varying agronomic practices hindered production growth in 2015/16 and beyond. Exports of U.S. soybeans are forecast to drop slightly from 294,000 tons in 2014/15 to 290,000 tons in 2015/16 and remain stagnant in 2016/17.
Malaysia: Oilseeds and Products Annual