Browse Data and Analysis

A planned increase in the price of cooking oil in spring 2017 is not expected to have an impact on consumption.

The Philippines is the largest market for U.S. soybean meal (SBM) and the world’s largest coconut oil (CNO) exporter.

Fishmeal production in marketing year (MY) 2017/2018 (January-December 2018) is forecast at 705,000 metric tons (MT), three percent lower than the estimated production in the previous year.

Taiwan is a mature and stable market. The primary driver behind soybean imports is demand for soybean meal for animal feed.

Beginning February 4, 2017, Korea’s Ministry of Food and Drug Safety began enforcing biotech labeling requirements that were finalized on February 3, 2016.

Canada's oilseed production (canola, soybeans, and sunflowers) for 2017/2018 is forecast to rise modestly to 25.3 million metric tons (MMT), up one percent from 2016/2017....

FAS/Moscow forecasts Russia’s 2017 production of three major crops (sunflowerseed, soybeans, and rapeseed) at 15.3 million metric tons (MMT), a two percent increase over last year.

China continues to be the largest oilseed importer in the world. In MY15/16, China’s total oilseed imports reached 87.93 million tons (MMT).

The seed sector in Turkey has grown rapidly since the new seed law entered into force in 2006. Certified seed production has increased about threefold in last ten years....

The El Nino weather phenomenon that led to dry conditions throughout 2015 and 2016 has ended.

Soybean and rapeseed planted areas are projected to grow for MY2017/18. Sunflowerseed area will likely shrink.

Assuming a normal winter and mid-summer season (Jan-May), Bangladesh’s soybean production is expected to rise 1.96 percent to 156 thousand tons in MY 2017/18 (Jul-Jun).