Pakistan: Oilseeds and Products Update
Pakistan continues to expand its imports of soybeans, importing over 500,000 metric tons in 2014/15 (a record), with projected 2015/16 imports of 1.5 million metric tons. In addition to a tariff that now favors soybean imports over soymeal imports, a growing and modernizing domestic poultry sector, lower rapeseed imports, lower cotton production, and adequate crushing capacity are expected to support larger soybean imports. Imports of soybean meal are expected to drop from 1.0 million metric tons to 700,000 metric tons in 2015/16.
Pakistan: Oilseeds and Products Update