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After a lengthy interagency review, Indonesia’s Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares.
2019/20 soybean planted area is forecast at 18 million hectares and production is forecast at 53 million tons, unchanged since September.
Post forecasts crude palm oil (CPO) production in marketing year (MY) 2019/20 at 20.6 million metric tons (MT).
Marketing year (MY) 2014 sunflowerseed area and production is now estimated at 530,000 hectares and 1.2 million metric tons (MMT).
Post’s August forecast for MY14/15 total oilseed production is 56.8 million tons, down by 3.3 percent from an estimated 58.7 million tons in MY13/14, primarily due to lower cottonseed production.
This report provides EU-28 production, supply, and demand forecasts for major EU oilseeds, protein meals and related products.
For (marketing year) MY 2014/15, total oilseed production is expected to decrease by 3.4 percent to 36.5 million metric tons (MMT) on lower kharif (fall and early harvested) area due to poor weather.