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Following a double digit decline in total oilseed production in MY2015/16 due to summer heat and drought, Bulgarian farmers are ready to expand planted areas under sunflower and rapeseed in MY2016/17.
Rapeseed remains the most profitable oilseed for Czech farmers. In MY 2015/16 they experienced another good crop of 1.26 million MT of rapeseed on area of 366,180 HA.
It is estimated that in MY 2016/2017 rapeseed planted area amounts to 940,000 hectares, a one percent decline in comparison to the previous year due to unusually dry weather during the planting season
It is estimated that after reduction in MY 2015/2016, rapeseed planted area in MY 2016/2017 will increase to 200,000 hectares, and will be 20 percent higher than in the previous year.
Total production of rapeseed in MY 2016/17 is forecast to decrease by 6 percent to 275,000 MT in comparison to MY 2015/2016.
Total production of rapeseed in MY 2016/17 is forecast to decrease by 4 percent to 170,000 MT in comparison to MY 2015/2016.
Taiwan’s demand for soybean meal destined for animal feed continues to be the driving force behind Taiwan’s soybean imports.
The Post New marketing year (MY) 2016/17 total Mexican oilseed production forecast increased to 505,000 metric tons (MT) based on favorable weather conditions and a slight increase in harvested area.
Despite a gradual annual decline in Japanese demand for oil, improved crushing margins in marketing year (MY) 2015/16 have made domestically produced soybean meal more competitive...
Total European Union oilseeds area in MY 2016/17 is forecast to increase by about 1.6 percent to almost 12 million hectares.
Pakistan’s MY 2016/17 vegetable oil imports are forecast to be a record 3.3 million metric tons, up 9.6 percent from a year ago.
Post forecasts lower soybean production on decreased area and a return to historical yield levels for 2016/17.