Malaysia: Oilseeds and Products Update
Labor shortages, compulsory holidays (including three major ones in August and September) as well as voluntary holidays tacked on to create longer leave meant there were fewer days left to collect fresh fruit bunches (FFB). With the El-Nino weather anomaly moderately recorded, production of FFB started to recover, but it was still below Pre-El Nino production levels (MY2014/2015 production). As a result, MY2016/17 production recorded by MPOB was at 18.9 million tons compared to Post’s forecast of 19.5 million tons. There were no major weather anomalies recorded for the rest of the marketing year.