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Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates from the impacts of African Swine Fever, along with a forecasted increase in poultry production and bovine herd expansion.

The Philippines is the largest market for U.S. soybean meal (SBM) and the world’s top coconut oil (CNO) exporter.

The gradual economic recovery from the COVID-19 pandemic is expected to continue to drive up import demand for soybeans in MY2020/21 and MY2021/22

Post estimates Malaysian crude palm oil (CPO) production in marketing year (MY) 2020/21 at 19

Australian oilseed production is expected to be strong again in marketing year (MY) 2021/22, continuing the recovery that started in MY 2020/21 following two years of extreme drought.

Japan’s overall oilseed consumption is forecast to remain stable in MY 2020/21 and MY 2021/22.

Japan’s overall oilseed consumption is forecast to remain stable in MY 2020/21 and MY 2021/22. Due to the COVID-19-related shift from eating out to at-home cooking, in MY 2019/20 and MY 2020/21...