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Post revised the forecasted palm oil production in marketing year MY2023/24 to 19.0 million metric tons (MT) and exports to 16.6 million MT. Contrary to expectation, the El Niño weather pattern in Malaysia has so far been weak to medium intensity.
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
Post lowers marketing year (MY) 2022/2023 soy production at 20.5 million metric tons (MMT) still below the USDA official on lower than expected harvest area and yields due to drought. Post lowers MY2022/2023 crush to 26 MMT due to decreased exports and the lowest crush operation rates decades during recent months.
Post revises down MY 2023/24 soybean production to 158.5 MMT due to poor weather outlooks resulting from El Niño, particularly in the Centre West states, which may affect final yields currently projected at 3.507 kg/ha.
On December 26, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 85 seed production and operation licenses, including 26 genetically engineered (GE) corn and soybean seed production and operation licenses.
Argentina continues to be the third largest producer of biotech crops, producing 14 percent of the world´s total biotech crops.
China is the world’s largest importer of genetically engineered (GE) crops and one of the largest producers of GE cotton in the world, but it has not yet approved any major GE food crops...
Negative public perceptions regarding biotechnology have influenced political will. The Mexican Supreme Court and the National Commission on Human Rights established that indigenous groups...
South China imports of U.S. soybeans continue to climb….Upcoming opportunities for U.S. exporters to meet with South China wine and beer importers, as well as wood importers…
In fiscal year (FY) 2016 (October to September) total Colombian food and agricultural imports were valued at $5.5 billion.
Taiwan imported over $3.15 billion dollars of agricultural products from the United States in 2015, roughly one billion of which consisted of genetically engineered (GE) crops...