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Post forecasts 2017/18 area planted to remain stagnant at 1.2 million hectares. This area and a return to historical yields are forecast to produce 3 million tons.
This report incorporates various updates to Production, Supply and Distribution (PSD) data based on recent export numbers as well as domestic planting areas for sunflowers, soybeans, rapeseed....
Cooperators held a number of promotional events across Japan in May 2017, including the most recent Cooperator to enter the Japanese market, the California Olive Oil Council (COOC).
Dry weather conditions prevailing throughout the winter grains crop cycle, along with warmer than average spring temperatures have driven down yield expectations in Spain.
Italy is the second largest olive oil producer in the European Union (EU) after Spain and accounts for approximately one-quarter of the EU-28 olive acreage.
In August 2012, the Consumer Affairs Agency (CAA) started to work towards completion of a comprehensive Food Labeling Standard (see, e.g., GAIN Reports JA3001 and JA3054).
Oilseed planted area is forecast to climb by nine percent in Marketing Year (MY) 2017/18.
Mexican oilseed production is expected to fall in marketing year 2017/18, as reduced government support and other factors make alternative crops more attractive for farmers.
It is estimated that in MY 2017/2018 (July-June) rapeseed planted will amount to 920,000 hectares, an 11 percent increase in comparison to the previous year due to good prices for rapeseed....
It is estimated that rapeseed planted area in MY 2017/2018 will increase to 160,000 hectares, and will be four percent higher than in the previous year.
Total production of rapeseed in MY 2017/18 is forecast to increase by 13 percent to 290,000 MT in comparison to MY 2016/2017.
In Marketing Year (MY) 2015/16 (Calendar Year [CY] 2016), the U.S. overtook Brazil to reclaim its position as the largest exporter of soybeans to Vietnam due to more competitive prices.