Browse Data and Analysis

Bulgarian farmers increased rapeseed planted area by 5% and soybean area was reported to decline by 42%.

Turkish soybean area and production for MY 2016 are now estimated about 33,000 hectares and 120,000 MT, respectively.

2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), down 6 percent from the previous year as some producer switch to more profitable crops like corn and soybeans.

Graphic illustrating the total export of U.S. agricultural products to China, including the total value and top 5 commodities.

Timely spring rains and mild temperatures have contributed to improve yields expectations after a rather dry winter.

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.

Graphic illustrating the total export of U.S. agricultural products to European Union, including the total value and top 5 commodities.

Graphic illustrating the total export of U.S. agricultural products to Japan, including the total value and top 5 commodities.

In Marketing Year (MY) 2014/15 (Calendar Year 2015), the U.S. was unseated by Brazil as the largest exporter of soybeans to Vietnam.

In Taiwan, soy sauces increasingly feature labels claiming a variety of production methods such as “non-genetically engineered” (non-GE), “pure fermentation,” and “organic.”

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.