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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.
FAS/Moscow forecasts Russia’s 2016 production of three major crops (sunflowerseed, soybeans, and rapeseed) at 13.25 million metric tons (MMT), a 4 percent increase from last year.
In MY14/15 China continued dominating the global oilseeds market, retaining its status as the world's largest importer of soybeans.
Soybean area is projected to grow. Sunflowerseed area will likely remain stable while rapeseed area will retract.
In MY14/15 China continued dominating the global oilseeds market, retaining its status as the world's largest importer of soybeans.
Palm oil production estimates for 2015/16 remain unchanged at 33 million metric tons.
Palm oil production is forecast to drop from 19.8 million tons in 2014/15 to a low of 19.5 million tons in 2015/16...
The Tunisian Ministry of Agriculture estimated olive oil production for MY 2015/16 at 150,000 MT, down from the previous year’s production of 340,000 MT.
Soybean consumption in MY 2016/17 is forecast unchanged from the current marketing year at 1.42 MMT...
Fishmeal production in marketing year (MY) 2017 (January-December 2017) is forecast to reach 750,000 metric tons (MT).
MY 2015 oilseeds production in Turkey is expected to be about 2.1MMT, down about eight percent compared to a year ago.
2015/2016 oilseeds production is left unchanged compared to Post’s estimates from last month.