China: Oilseeds and Products Update
Post’s October forecast for MY14/15 total oilseed production is 55.8 million tons, down by 5 percent from an estimated 58.7 million tons in MY13/14. The downward revision reflects lower peanut and cottonseed production. Despite an expected fall in feed production during 2014, total oilseed demand continues to grow at the expense of other feed ingredients. In particular, soybean imports are estimated at 70 million tons in MY13/14 and projected to grow to 73 million tons in MY14/15.
