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China continued to dominate the global oilseeds market in MY13/14, especially in soybeans where it took 65 percent of total world exports, and 30 percent of total U.S. soybean production.
Post revises down rapeseed and mustard production for marketing year (MY) 2014/15 (OctoberSeptember) by 400,000 metric tons (MT) to 7.1 million metric tons (MMT).
Post kept its forecast for Brazil's 2014/15 soybean production at a record of 93 million metric tons (MT).
Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.
2015/16 Paraguayan soybean area is forecast at 3.6 million hectares, a nine percent increase in soybean area compared with 2014/15 estimates, based on expanded area for second crop soybeans.
On December 31, 2014, China’s National Health and Family Planning Commission (NHFPC) published its final rule, the National Food Safety Standard on Nut and Seed Food (GB 19300-2014).
FAS Japan Honors Japanese Supporters of U.S. Agricultural Products; FFA National Officer Team Visits Japan; Seminar Explains a New Opportunity for Japanese Soy Food Promotion;
Post revises its soybean production estimate for marketing year (MY) 2013/14 (October-September) to 9.5 MMT, a decrease of 1.0 million metric tons (MMT).
2014/15 palm oil production is revised down based on deficient rainfall in southern Sumatera and central Kalimantan.
Post forecasts Brazil's 2014/15 soybean production at a record of 93 million metric tons (MT), based on increased hectares planted to soybeans.
With the 2014/15 soybean planting virtually 100 percent complete, Post adjusts soybean planted estimate slightly down to 20.8 million hectares.
2014 saw near-record imports of U.S. agricultural products into Taiwan, valued at $3.79 billion (based on Taiwan customs data).