Soybean and oil palm expansion in South America
Soybean and oil palm expansion in South America 3 The latter is primarily associated, firstly, to a growing demand in the food and feed markets for agricultural production (particularly in Asia) and secondly, to an expanding demand for feedstocks for biofuel production to supply both and international markets. The intersection of food and
of soybeans. Overall, 90% of world soybean production and 86% of world production of other oilseeds are projected to be crushed in 2027. Vegetable oil includes oil obtained from the crushing of soybeans and other oilseeds (about 55% of world vegetable oil production), palm oil (35%), as well as palm kernel, coconut and cottonseed oils.
Global Oilseed Consumption Continues to Grow Despite
Soybean production is projected at 355.4 million tons, down 6.7 million tons or roughly 2 percent. Reductions in the United States, Canada, Argentina and India more than offset gains in Brazil, Paraguay, and China. Rapeseed, cottonseed, and palm kernel production is projected higher while reductions are forecast for sunflowerseed and peanut.
to Malaysia; whereas, for soybean meal, Argentina has over 95 percent market share. Production of Crude Palm Oil (CPO) is expected to increase by 8.7 percent to 20.5 million tons in 2017/18 from 18.8 million tons recorded in 2016/17. For 2018/19, production of CPO is forecast at
Soybean and oil palm expansion in South
Soybean and oil palm expansion in South America: A review of main trends and implications Book · January 2012 with 257 Reads How we measure 'reads'
Second, the reliable supply of soy oil, based on soybean crop expansion. Because soy oil is essentially a joint product (rather than a true by-product like lard or cottonseed oil) and because the soybean is a quick-yielding annual crop (rather than a slow-to-yield tree crop, as for palm oil), soybean production can respond quickly to increased
USDA Foreign Agricultural Service GAIN Report
in 2009/10, soybean imports are expected to increase at a lower rate while soymeal imports to rebound significantly. Malaysia is the world’s second top producer of palm oil (after Indonesia) in 2008/09. crude palm oil output is expected to increase only by about 2 percent to 17.9 MMT.
Net imports of soybean cakes (cakes imported as such and cakes resulting from the processing of imported soybeans) show an increase from 2.2 to 33.9 million tonnes between 1961 and 2008, with a maximum of 34.8 million tonnes in 2007. Brazil, Argentina, and the United Statesare the main export countries for the EU-27.
Milestones Bunge
Bunge acquires Cereol, a global company with a substantial soybean processing footprint in the U.S. Eastern corn germ Belt, leading brands of bottled vegetable oil in Eastern Europe, the largest canola processing capacity in Canada, and soybean processing capacity in Spain.
Soybean meal exports are raised 454,000 tons each to 7.9 million and oil exports up 159,000 tons to 975,000 tons, to reflect larger sales commitments. • Argentina’s soybean exports are cut 1.0 million tons to 11.0 million on reduced supplies. • Brazil’s soybean exports are up 1.0 million tons to 38.4 million to reflect competitiveness