Browse Data and Analysis

With a young and growing middle-class and rising incomes, food and beverage processing in Vietnam has shown strong growth in the past five years.

Following seven consecutive years of growth, Japan’s hotel, restaurant, and institutional (HRI) food service industry achieved record sales of ¥33.1 trillion ($299.8 billion) in 2018.

Vietnam maintains strong demand growth for oilseeds for food and oil consumption.

2019/20 soybean planted area is forecast at 18 million hectares, up 0.2 million hectares as producers shift second season plantings from corn to soybeans.

Crude palm oil (CPO) production through the first 11 months of marketing year (MY) 2018/19 is up 6 percent compared to the same time the previous year....

Turkey’s Marketing Year (MY) 2019/20 sunflowerseed area and production is estimated at 730,000 hectares (Ha) and 1.66 million metric tons (MMT), of which 1.5 MMT is for use as oilseeds.

On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.

A 19 percent drop in rapeseed area leads to a significant, overall decline of major oilseeds area and production within the EU in MY 2019/20.

Estimated soybean production for marketing year (MY) 2019/20 (Oct.-Sept.) is revised lower to 10.5 million metric tons (MMT) on 11.2 million hectares.

Soybean meal (SBM) consumption for 2019/20 and 2018/19 are unchanged from August’s report, but down from their preceding year as domestic swine inventories continue to shrink....

In June 2019, the Nigerian government formulated a new policy to invest some $500 million in expanded palm oil production.

Based on trends in the swine sector, the MY2019/20 soybean import forecast for China is reduced to 80 million metric tons (MMT).