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The installation of Bangladesh’s Interim Government in August 2024, has led to a renewed focus on macroeconomic stability, which will enable increased exports to the market as restrictions on Letters of Credit ease as foreign currency reserves stabilize.
Nigeria continues to strive for self-sufficiency in oil palm production. Currently, production remains stable. Meanwhile, demand for palm oil outweighs supply. Nigeria meets the supply gap in oil palm through imports from Malaysia, China, and Côte d’Ivoire.
Edible oil prices have been trending higher and are now increasingly volatile due to poor market transparency and the Russian invasion of Ukraine. Post forecasts MY 2022/2023 soybean imports up to 2.8 million MT, while local soybean production remains flat.
Nigeria’s oil palm sector contributes to economic development at all levels – national and state. Currently, the country's demand for palm oil outweighs its supply.
This report contains major export certificates that the Government of Bangladesh (GOB) requires from U.S. agricultural product exporters.
In June 2019, the Nigerian government formulated a new policy to invest some $500 million in expanded palm oil production.
This report contains major export certificates that the Government of Bangladesh (GOB) requires from U.S. agricultural product exporters.
Bangladesh rice production in marketing year (MY) 2017/18 is forecast lower at 34.18 million metric tons (MMT).
Soybean area and production levels for MY 2018/19 (July-June) are projected to increase to 80 thousand hectares (HA) and 152 thousand metric tons (MT) respectively, due to a switch from Boro rice....
Assuming a normal winter and mid-summer season (Jan-May), Bangladesh’s soybean production is expected to rise 1.96 percent to 156 thousand tons in MY 2017/18 (Jul-Jun).