Browse Data and Analysis

Soybean production in marketing year (MY) 2015/16 (Oct-Sept) is forecast lower to 7.5 million metric tons (MMT) planted on 11.6 million hectares.

Pakistan continues to expand its imports of soybeans, importing over 500,000 metric tons in 2014/15 (a record), with projected 2015/16 imports of 1.5 million metric tons.

Post revises down its marketing year (MY) 2015/16 (Oct-Sept) soybean production forecast from 12.5 million metric tons (MMT) to 11 MMT.

Production of cotton, far and away Pakistan’s largest domestic source of oilseeds, is expected to reach 10.0 million 480 lb bales, unchanged from the current USDA 2015/16 forecast.

The Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) published on their website guidelines on product approvals.

On June 8, 2015, the World Trade Organization (WTO) published on its website draft regulations related to mycotoxins in food. A comment period was also notified, with a deadline of August 7, 2015.

For the second consecutive year, the Government of Pakistan is set to increase the tariff on imports of soybean meal on July 1.

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).

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 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 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).