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Post’s August forecast for MY14/15 total oilseed production is 56.8 million tons, down by 3.3 percent from an estimated 58.7 million tons in MY13/14, primarily due to lower cottonseed production.
This report provides EU-28 production, supply, and demand forecasts for major EU oilseeds, protein meals and related products.
For (marketing year) MY 2014/15, total oilseed production is expected to decrease by 3.4 percent to 36.5 million metric tons (MMT) on lower kharif (fall and early harvested) area due to poor weather.
In the past decade, India has emerged as a major agricultural exporter, with exports climbing from just over $5 billion in 2003 to a record of more than $39 billion in 2013.
The U.S-Mexico ag trade relationship is broad and deep, with opportunities to further integrate our rural economies while supplying desired products to consumers in both countries year-round.
The EU's Renewable Energy Directive is spurring demand for biofuels, but a series of actions have been imposed to stymie trade of bioethanol and biodiesel.
Guatemala has no laws to promote biofuels development, but the country is the strongest potential producer of biofuels in Central America.
Kazakhstan’s wheat production is expected to recover in 2013, but exports to Russia - its largest market in 2012/13 - are expected to drop sharply.
China is expected to remain a significant importer of biotech products and may become an exporter of biotechnology in the medium to long term.
Canadian biofuel production remains below what Post estimates is needed to meet federal standards. Limited production makes it unlikely Canada will become a major player in the global ethanol market.
Post forecasts Egyptian soybean imports to fall in 2013/14, with a decrease in soybean meal consumption due to lingering animal health concerns in the domestic poultry industry and high feed prices.
EU farmers are expecting a sizeable grain crop of 292 million metric tons in marketing year 2013/14.