Browse Data and Analysis

Soybean production for MY 24/25 is forecast slightly up at 19.9 million metric tons (MMT) based on higher yield and a planted area of 9.95 million hectares (Mha).

Côte d’Ivoire ranks as Africa’s second largest producer of crude palm oil (CPO); trailing just behind Nigeria’s production, it is a pivotal player in the sub-Saharan regional market.

Forecast soybean production for MY 24/25 is unchanged at 19.6 million metric tons (MMT) based on a planted area of 9.95 million hectares (Mha). Relatively low and declining soybean meal (SBM) prices since the beginning of MY 23/24 could encourage more SBM use in feed production.

Côte d'Ivoire is one of the leading producers of palm oil in Africa, with annual production exceeding 500,000 metric tons since 2018. The country consumes over 75% of its palm oil production domestically, with palm oil being a staple for 90% of the population. The high domestic demand for palm oil outstrips supply, creating intense competition for fresh fruit bunches (FFB).

Soybean production for MY 24/25 is forecast at 19.6 million metric tons (MMT) based on planted area of 9.95 million hectares (Mha). The relatively low and declining soybean meal (SBM) prices since the beginning of MY 23/24 could encourage more SBM use in feed production.

On January 4, 2024, the Ministry of Agriculture and Rural Affairs (MARA) published a revised “National Standard for Seed of Economic Crops - Part 2: Oil Species (Draft for Comments)." The revised draft standard pertains to seeds for sowing/planting...

On October 17, 2023, the Ministry of Agriculture and Rural Affairs (MARA) published the revised "Administrative Measures on Labeling Agricultural Genetically Modified Organisms (GMOs) (Draft for Comments)." Significant updates in the revised draft...

Soybean imports are increased to 98 million metric tons (MMT) and 98.5 MMT in marketing year (MY) 22/23 and MY 23/24, respectively, on rebounding soybean meal (SBM) and soybean oil demand.

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

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.

On March 2, 2022, the Supreme People's Court of China issued "Guiding Opinions on Further Strengthening the Criminal Trial Work Involving Seeds" (hereinafter referred to as the "Opinions"). The Opinions clarify the general requirements for strengthening seed-related criminal trials, the application of law to seed-related crimes, and improvement of relevant enforcement mechanisms.

China’s soybean imports in marketing year (MY) 20/21 hit a record 99.8 million metric tons (MMT) on high feed demand in the swine and poultry sectors.