Browse Data and Analysis

El-Nino weather patterns, which bring less rain than normal, are expected to peak in August to September 2023.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.

Indonesia palm oil production is expected to reach 46 million metric tons (MMT) in 2022/23 on favorable weather and higher producer profit margins. Palm oil exports for 2021/22 are revised down from the previous update due to the Government of Indonesia’s domestic market obligation (DMO) requirement, which increased to 30 percent from 20 percent.

Indonesia kicked off 2022 by rolling out several market intervention policies in response to recent rising prices for cooking oil. From January 19-31, 2022, Indonesia implemented a temporary cooking oil subsidy program utilizing the Crude Palm Oil (CPO) fund, the same funding source that subsidizes the biodiesel mandate program.

Indonesia extended its B30 mandate, which requires biodiesel to contain 30 percent palm oil-based fuel, to 2022. Palm oil exports for 2021/22 are forecast to increase 13 percent and soybean meal imports are estimated higher than previously expected.

The Ministry of Agriculture (MOA) has issued a new regulation requiring Import Recommendations for soybeans, however implementation may depend on corresponding regulations from the Ministry of Trade (MOT).

Favorable weather, increased use of fertilizer, and surging prices are expected to push Indonesia’s palm oil production and exports to record highs 2021/22.

To stabilize rising soybean prices the Ministry of Agriculture (MOA) has put forth a three-phase plan that includes: “market operations” whereby importers would be required to sell soybeans...

Weaker demand due to COVID-19 has reduced palm oil exports by 2 million tons.

The Government of Indonesia (GOI) has reasserted its commitment to increasing domestic use of palm oil by providing additional revenue and financial assistance to the CPO Fund...

Weakening domestic and international demand as a result of the Covid-19 pandemic has significantly impacted palm oil consumption and exports.

Palm oil production is expected to reach 43.5 million tons in 2020/21 as increased area is partially offset by lower yields resulting from fewer inputs and sub-optimal rainfall during 2018-2019.