Browse Data and Analysis

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.

Assuming normal 2015 southwest monsoon conditions, Indian oilseed production in marketing year (MY) 2015/16 will increase by 12 percent over MY 2014/15 and reach 40.2 million metric tons (MMT).

Canada's oilseed production (canola, soybeans and sunflowers) for 2015/2016 is forecast to increase a marginal two percent, assuming normal yields, to 22.1 million metric tons (MMT).

In Marketing Year (MY) 2013/14 (Calendar Year 2014), the United States became the largest exporter of soybeans to Vietnam, surpassing Brazil.

The Japanese Government's Basic Plan for Food, Agriculture and Rural Areas, which sets Japan's agricultural policy direction for the next 10 years, is revised every five years.

Soybean imports are expected to reach 1.97 MMT, reflecting additional crush capacity and soy meal demand.

FAS/Moscow forecasts Russia’s 2015 production of three major oilseed crops (sunflowerseeds, soybeans, rapeseed) at 13.5 million metric tons (MMT), a 4 percent increase from last year.

Pakistan’s 2015/16 vegetable oil imports are forecast to be a record 2.8 million metric tons, up 12 percent from a year ago.

Post forecasts 2015/16 soybean area at 20.3 million hectares, marginally lower than Post’s 2014/15 area estimate, though up 2.5 percent from USDA 2014/15 estimates.

The Post New MY 2015/16 total Mexican oilseed production forecast decreased slightly to 482,000 metric tons (MT) based on a slight decrease in harvested area.

Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.