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Weakening domestic and international demand as a result of the Covid-19 pandemic has significantly impacted palm oil consumption and exports.
On April 16, 2020, the government of the Russian Federation signed Decree # 520, which says that for the period April 20, 2020 through January 1, 2021, imports of genetically engineered soybeans...
In MY 2020/21, the oilseed segment of the Russian agricultural sector will see continued growth in production of sunflower seeds, in particular, as well as soybeans.
Nicaragua peanut production fell 11 percent in marketing year (MY) 2019/2020 dropping to 158,000 metric tons (MT).
Bulgarian oilseed prospects for MY 2020/21 remain unclear. The rapeseed crop may hit an all-time low, although Bulgarian sunflower production is expected to surpass last year.
For 2020/21 oilseeds will remain a top choice for Ukrainian farmers due to higher profitability compared to grains.
Oilseed production is expected to have a mixed outlook in 2020. Soybean production is forecast basically unchanged at 250,000 metric tons (MT), as the cancellation of federal commercialization...
Post projects a decline of 500,000 hectares in soybean planted area and production of 51 million tons for marketing year 2020/2021 on higher export taxes for soybeans and products.
Taiwan’s soybean imports are projected to fall to 2.45 million metric tons in marketing year 2019/2020 due to slowing demand in both food and feed use driven by the ongoing novel coronavirus pandemic.
Post forecasts Malaysian crude palm oil (CPO) production in marketing year (MY) 2019/20 at 19.7 million metric tons (MT), a decrease of 1.15 million MT compared to the previous year.
Total European Union (EU) oilseeds area in MY 2020/21 is forecast to remain essentially flat compared to the previous year.
Post projects 2020/2021 Uruguayan soybean planted acres at 920,000 hectares, a decrease of 80,000 HA or 8% from 2019/2020 with total production of 2.35 million tons.