Malaysia: Oilseeds and Products Annual
Palm oil production is expected to increase from 17.7 million tons in 2015/16 to 19.4 million tons in 2016/17 and to 21 million tons in 2017/18 due to palm trees recovering from tree stress due to prolonged dry season from the El Nino weather anomaly recorded throughout 2015/16. Conducive weather patterns are expected in 2016/17, which will see increased production of Fresh Fruit Bunches (FFB). The use of high yield seedlings introduced in 2010 onwards improved yields although there has been less expansion in planted area. Exports of U.S soybeans are expected to increase to 250,000 tons in 2016/2017 and to 300,000 tons in 2017/18. The increase is in line with projected increase in poultry consumption.
Malaysia: Oilseeds and Products Annual