Browse Data and Analysis

Australian oilseed production, dominated by canola, is expected to be strong for the fourth successive season during the marketing year (MY) 2024/25. If realized, canola production of 6.5 million metric tons (MMT) would be 14 percent above the previous year’s estimate and the third largest on record.

Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2023/24, but down from the record in MY 2022/23. Canola production is forecast in MY 2023/24 at 5.5 million metric tons (MMT), the third largest from the record-busting crop estimated at 8.3 MMT in MY 2022/23.

Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2022/23, after big crops in MY 2021/22. Canola production is forecast in MY 2022/23 at 4.7 million metric tons (MMT), down from the record-busting crop estimated at 6.35 MMT in MY 2021/22, but if realized would still be the second largest crop in history.

Australian oilseed production is expected to be strong again in marketing year (MY) 2021/22, continuing the recovery that started in MY 2020/21 following two years of extreme drought.

The Australian federal government is supportive of biotechnology and has committed considerable longterm funding to research and development.

Australian oilseed production in marketing year (MY) 2020/21 is forecast to begin to recover following years of drought-impacted crops.

Ecuador extended its tariff exemption for soybean meal and wheat imports from all origins for five years, effective January 1, 2020.

The Australian federal government is supportive of biotechnology and has committed considerable long-term funding to research and development.

This report serves as a road map for U.S. companies exporting to Ecuador.

Post forecasts 2019/20 canola production to rebound to 3.7 million metric tons (MMT).

Australia normally produces over 5 million metric tons (MMT) of oilseed crops each year, with canola and cottonseed accounting for over 90 percent of total production.

On December 23, 2016, Ecuador’s Foreign Trade Committee passed the extension of the current tariff and duty exemption for soybean meal imports from all origins (including the United States).