Pakistan: Oilseeds and Products Update
Production of cotton, far and away Pakistan’s largest domestic source of oilseeds, is expected to reach 10.0 million 480 lb bales, unchanged from the current USDA 2015/16 forecast. Planting is nearly complete and slightly ahead of the year ago pace. Total area is expected to reach 3.15 million hectares, 200,000 hectares above the current USDA estimate. Imports of soybeans are expected to rise following a recent decision by the Government of Pakistan to increase the tariff on soybean meal.
Pakistan: Oilseeds and Products Update