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As a result of dry weather conditions, crude palm oil (CPO) production for 2015 is estimated to decline by 10 percent to 1.8 million metric tons (MMT) from 2.0 MMT in 2014.
A levy on palm oil exports will be created as the result of Indonesian regulations 24/2015 and 61/2015. The levy will be used primarily to fund biodiesel subsidies.
Turkish Poultry Meat Producers and Breeders Association (Besd-Bir) submitted dossiers to the Biosafety Board to request the approval for dozens of genetically engineered traits for feed use only.
The Federal Office of Consumer Protection and Food Safety (BVL) have rejected the objection against its decision to not classify an herbicide-resistant rapeseed as GE.
Post’s lowered the May forecast for MY15/16 total domestic oilseed production by 3.26 million tons from an estimated 57 million tons in MY14/15.
he Korea-Canada Free Trade Agreement entered into effect on January 1, 2015. Korea’s total trade volume with Canada amounted to 10 billion U.S. dollars in 2014.
Marketing years 2013/14 and 2014/15 were both record breaking: in MY2013/14 rapeseed area in the Czech Republic exceeded the threshold of 400,000 hectares...
Weather conditions impacted rapeseed planting in the fall of 2014 leading to poor emergence. Excessive moisture contributed further to plant deterioration.
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.
The Philippines is the second largest market for U.S. soybean meal (SBM) and the world’s largest coconut oil (CNO) exporter.
While Japan’s soybean production recovered in MY 2014/15, domestic production accounts for only 25 percent of soybeans consumed for food and a mere 8 percent of total soybean utilization.
The first tentative official data on 2014 crop production published in late March showed a higher than previously expected area and production of oilseeds in MY2014/15.