Browse Data and Analysis

Post adjusted the Marketing Year (MY) 2020/21 crude palm oil (CPO) production forecast down by 8,000 tons to 18.7 million tons. COVID-19 has caused acute labor shortages as the Government of Malaysia (GOM) halted the intake of new foreign workers indefinitely, while allowing foreign workers with expired work permits to return home, thus exaggerating the labor issues.

FAS China forecasts soybean production to fall to 17.5 million metric tons (MMT) in marketing year (MY) 21/22 from an estimated 18.5 MMT the previous year due to a shift in planted area to corn production. With domestic corn prices currently near a...

In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.

A package of export restricting measures aimed at the oilseeds market is expected to dampen the trend of increasing oilseed production in Russia.

The Russian Federation recently extended the waiver on a previously established ban of imports of some GE soybeans and soybean meal without state registration to January 1, 2022.

Taiwan’s soybean imports are projected to reach 2.66 million metric tons (MMT) in marketing year (MY) 2021/22 after an expected decline in MY 2020/21 to 2.56 MMT.

A look at how U.S. agricultural exports performed in 2020.

Total EU oilseeds area in MY 2021/22 is forecast to marginally increase by almost one percent. This increase in planted area is expected to take place in all three major oilseeds: soybean, rapeseed, and sunflower.

Post projects an increase of 100,000 hectares in soybean planted area and production of 51.5 million tons for marketing year 2021/2022.

MY2021/22 is characterized by a further reduction in rapeseed production. Total United Kingdom (UK) rapeseed area in MY2021/22 is forecast to decline by 17 percent, primarily due to uncertainty over crop performance.

Oilseed production is expected to rebound in marketing year (MY) 2021/22, as high international prices should encourage farmers to increase their soybean planted area.

Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates from the impacts of African Swine Fever, along with a forecasted increase in poultry production and bovine herd expansion.