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This is an update to Post’s standing FAIRS report, with few changes to the previous submission.
Infographic exploring the growth of U.S. potato products exports over the last 10 years.
This report includes updates for the palm oil PS&D table, including final figures for the 2014/15 Oct/Sept. marketing year (MY). MY 2014/15 output was dampened by floods affecting East Coast Malaysia
A replanting program will allocate $22.7 million to replant 83,000 ha of old palm oil estates for a three month period starting October 1 to December 31, 2015.
With full implementation of a 7 percent blend in 2015, biodiesel production is forecast to reach 537 million liters, up from 359 million liters in 2014.
The United States is the world’s top exporter of processed potato products. Over the past decade those exports have grown 127 percent, reaching a record $1.5 billion in 2014...
There are no significant developments to report since the 2014 report...
After declining consistently in recently years, cotton use and imports for the domestic spinning industry are hovering around 40,000 to 45,000 tons, annually.
Due to lower than forecast production in the first 6 months and expectations for a return to slightly above trend yields for the remainder of 2014/15, palm oil output is forecast at 19.5 million tons.
As a result of lower than expected yields during the first half of the marketing year, the 2014/15 palm oil production forecast is lowered to 20 million tons.
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
Corn, wheat and, rice imports are expected to grow only marginally through 2015/16 in line with expectations for slow demand growth.