Browse Data and Analysis

China’s MY16/17 soybean production is forecast to recover to 12.5 million metric tons (MMT) from the 11.6 MMT in the previous year, compared to the USDA official data of 11.8 MMT.

Soybean and soybean meal imports are expected to increase in MY2016/17 to 5.5 million metric tons. The U.S. holds about a 20-22 percent share of the market.

Post forecasts 2016/17 production area at 1.1 million hectares, a decrease of 8 percent from Post’s area estimate of 15/16.

Australia normally produces around four million MT of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of the total.

In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).

Canada's oilseed production for 2016/2017 is forecast to drop to 21.5 million metric tons (MMT), down 2.0 million tons from 2015/2016, mostly driven by lower canola production.

2016/17 Paraguayan soybean area is forecast to grow marginally to 3.33 million hectares, an increase of 1 percent.

Oilseed planted area is forecast to surge in Marketing Year (MY) 2016/17.

Due to an extreme drought oilseed production in South Africa is expected to decrease by 20 percent in the 2015/16 MY to 1.4 million tons.

Soybean imports are expected to reach 2.42 million metric tons (MMT), reflecting additional crush capacity, as well as strong soybean meal and oil demand.

Following a double digit decline in total oilseed production in MY2015/16 due to summer heat and drought, Bulgarian farmers are ready to expand planted areas under sunflower and rapeseed in MY2016/17.

Rapeseed remains the most profitable oilseed for Czech farmers. In MY 2015/16 they experienced another good crop of 1.26 million MT of rapeseed on area of 366,180 HA.