Browse Data and Analysis

Despite economic challenges and high feed prices, demand for feed is expected to grow in Bangladesh as large commercial poultry farms expand their operations and some major feed producers have initiated contract poultry farming.

For marketing year (MY) 2023/24, Post’s soybean import forecast is 2.4 million MT, on Bangladesh rebounding from its current economic slowdown, while local soybean production remains flat.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

Edible oil prices have been trending higher and are now increasingly volatile due to poor market transparency and the Russian invasion of Ukraine. Post forecasts MY 2022/2023 soybean imports up to 2.8 million MT, while local soybean production remains flat.

For marketing year (MY) 2021/22 oilseeds will continue to remain a top planting choice for Ukrainian farmers due to higher profitability compared to grains

Bangladesh’s feed industry is currently recovering from a difficult marketing year (MY) 2019/20 (i.e., July to June).

South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.

Export VAT refunds for soybeans and rapeseed have been officially reestablished for all exporters. This should foster lower soybean crush numbers for marketing year (MY) 2020/21.

For 2020/21 oilseeds will remain a top choice for Ukrainian farmers due to higher profitability compared to grains.

Soybean crush and subsequent oil and meal exports are on the rise for MY2018/19 due to recent changes in Ukraine’s domestic tax policy.

Bangladesh rice production in marketing year (MY) 2017/18 is forecast lower at 34.18 million metric tons (MMT).

This report contains revised production, consumption and trade forecasts for MY2018/19 as the result of recent legislative amendments as well as trade estimates for MY2017/18.