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Australian oilseed production, dominated by canola, is expected to be strong for the fifth consecutive season during the marketing year (MY) 2025/26.
Australian oilseed production, dominated by canola, is expected to be strong for the fourth successive season during the marketing year (MY) 2024/25. If realized, canola production of 6.5 million metric tons (MMT) would be 14 percent above the previous year’s estimate and the third largest on record.
Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2023/24, but down from the record in MY 2022/23. Canola production is forecast in MY 2023/24 at 5.5 million metric tons (MMT), the third largest from the record-busting crop estimated at 8.3 MMT in MY 2022/23.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2022/23, after big crops in MY 2021/22. Canola production is forecast in MY 2022/23 at 4.7 million metric tons (MMT), down from the record-busting crop estimated at 6.35 MMT in MY 2021/22, but if realized would still be the second largest crop in history.
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.
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.
The Australian federal government is supportive of biotechnology and has committed considerable longterm funding to research and development.
In 2020, Vietnam had to confront dual COVID-19 and African Swine Fever outbreaks, which affected both animal feed demand and domestic oil consumption.
Vietnam is currently recovering from the 2019 African Swine Fever outbreak, with estimated flat animal feed demand in marketing year (MY) 2019/20.
Australian oilseed production in marketing year (MY) 2020/21 is forecast to begin to recover following years of drought-impacted crops.
On February 14, 2020, the Department of Livestock Production (DLP) of Vietnam's Ministry of Agriculture and Rural Development (MARD) issued an official letter 76/CN-TACN to detail....