Usda palm oil. 88: 2017/2018: 160: 580 .

Usda palm oil Indonesia kicked off 2022 by rolling out several market intervention policies in response to recent rising prices for cooking oil. USDA Foreign Agricultural Service (FAS) - Customer Experience Survey The purpose of this survey is to gain insight into how to enhance USDA-FAS's online presence and service to our Nation. Hence, sunflowerseed yields are reduced to 1. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Kigoma (71% of total palm oil production) Mbeya (11% of total palm oil production) Katavi (7% of total palm oil 2020 Calendar Year(Jan -Dec) — (Last Chart Updated on 10/30/2024) Subregions: Mighty Earth works around the world to break the link between agriculture and deforestation. The clinical trial was designed to Views. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Riau (19% of total palm oil production) Kalimantan Barat (14% of total palm oil production) Kalimantan Tengah (13% of The palms, or Arecaceae, are a family of stem-less, tree-like monocot plants that are highly significant to humans and wider biodiversity, especially in the tropics (Cosiaux et al. The Brazilian share of global palm oil production is only about 1 percent (570,000 tons ), ranking 10 th overall. 53 million metric tons. ” 7 In January 2023, the Indian Supreme Court’s “Central Empowered Committee” questioned the need for oil palm production in the Andaman and Nicobar Islands claiming the program to be a reasonably priced palm oil fruit and the assurance of guaranteed purchase by the industry, the program encourages the production of palm oil. Palm is a tree crop suited to cultivation in climatic conditions similar to those of the tropical rainforest. The annual event serves as a platform for networking, knowledge sharing, and exploring new business opportunities. (Gulf) Soy Oil Indonesia Palm Oil Malaysia Palm Oil 650 850 1,050 1,250 1,450 US$/ton VEGETABLE OIL EXPORT PRICES Argentina (Up River) Soy Oil Indonesia Palm Oil Ukraine Sunflowerseed Oil EU Rapeseed Oil Other Global USDA Reports. Export Sales Announcement. 05: 2016/2017: 275: 288: 1. The nationwide implementation of B30 in January 2020 has been a major factor driving increasing palm oil prices and domestic consumption. 7 million tons or 274 percent over the past decade or roughly 1. Post forecasts Malaysian crude palm oil (CPO) production in marketing year (MY) 2021/22 at 18. Each View has a "Links" column on the far right to access a symbol's Quote Overview, Chart, Options Quotes (when available), Barchart Opinion, and Technical Analysis page. , 2019-27), boosting annual local production to 5. 3 million hectares of land left for palm oil, the majority of that in the state of Sarawak. Post revised down 2023/24 palm oil production to 45. 2018). Between 1970 and 2020, the world’s production of palm oil increased by about 40 times. Palm oil Oil, Palm Market Begin Year Indonesia USDA Official New Post USDA Official New Post USDA Official New Post Area Harvested 12,500 14,900 13,500 14,800 13,800 14,500 Palm Oil 2021; World Exports: 43,901 (1000 MT) (PS&D Online updated 11/2024) Rank: Country: Percent of World Exports (Percent) Exports (1000 MT) 1: Indonesia : 51: 22,321: 2: Malaysia from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production Radio Broadcast Num: 06 Radio Remark: World Agricultural Outlook Board Chair Mark Jekanowski explains why palm oil is periodically covered in World Agriculture Supply and Demand Estimates, and what prompted its coverage in the June WASDE. 80 million tonnes, up one million from the year before, with area harvested bumping up Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 130: 400: 3. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Southern (90% of total palm oil production) Central (8% of total palm oil production) Stay Connected FAS on Twitter. 38: 2016/2017: 2,500: 990: 0. Philippines: Oilseeds and Products Annual | USDA Foreign Agricultural Service USDA Certified Organic Red Palm Oil: 100% Pure and Natural. 0 million tons, up 2. 2: 2015/2016: 396: 1,167: 2. gov; Economic Research USDA/FAS personnel visited major palm oil producing regions in Côte d’Ivoire from July 18 to 22, 2022, and Ghana from July 25 to 29, 2022 (Figure 3). 8 MMT in 2024/25. The GOI has set a target of increasing domestic cooking oil supplies by 50 percent. 1 MMT in MY 2021/22, reflecting competitive market pricing, the Indian government’s removal of the basic duty, and palm oil and THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U. oil crops, soybeans, canola, rapeseed, sunflowerseed, cottonseed, peanuts, flaxseed, rapeseed oil, sunflowerseed oil, soybean meal, soybean oil, corn oil, palm oil Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 130: 470: 3. 30: 2017/2018: 170: 375 Fi Asia is a USDA-endorsed regional trade show that brings together food ingredient manufacturers from many countries. About 84 percent of global palm oil production comes from Malaysia & Indonesia ( USDA-FAS PSD, Palm Oil Explorer). News and Features. October 19, 2023. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help ; About Us Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 130: 400: 3. 58: 2017/2018: 63: 100: 1. Department of Agriculture’s (USDA) official MY 2024/2025 figure of 600,000 MT. 7 million ton (MMT) for 2022/23 and updates 2021/22 production to 43. Skip to main content Skip to main content. 8: 2018/2019: 4 Palm Oil 2021; World Production: 73,155 (1000 MT) (PS&D Online updated 10/2024) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production As seen in Figure 2, sunflower seed oil and palm oil increased by 52 and 26 percent respectively during the MY 2022/23 compared to MY 2021/22. The country consumes over 75% of its palm oil production domestically, with palm oil being a staple for 90% of the population. 081 Radio Author: RBAIN Radio MP3 File: With palm oil at a premium to competing vegetable oils, Post estimates a decrease in exports of approximately 770 thousand MT for MY 24/25. The African oil palm, Elaeis This monthly report includes data on U. Nigeria USDA Official New Post USDA Official New Post USDA export levy was still active) and export restrictions, palm oil exports to India are expected to recover in 2022/23. 47: 2015/2016: 10,300: 32,000: 3. 1 million hectares. 5 MMT, a slight increase from 2022/23 Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 146: 537: 3. Global production Although global palm oil production is projected to grow slightly in 2024/25, combined exports from Indonesia and Malaysia are marginally lower due to higher domestic demand Foreign Agricultural Service/USDA 5 May 2024 Global soybean oil production is projected to grow by nearly 3 million tons (5 percent), but much of this growth will occur in China and the United In 2010/11 USDA forecasts that palm oil (including palm kernel oil) will supply roughly 36 percent of total world edible oil consumption, compared to the major alternative oil (soybean) comprising 29 percent. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds. 85 million hectares since 1980 or 385 percent. 00: 2017/2018: 120: 271: 2 FAS Abidjan (Post) forecasts Côte d’Ivoire’s palm oil production in market year (MY) 2024/2025 (October-September) at 620,000 metric tons (MT), four percent higher than the U. 5 million metric tons (MT) from the USDA Official estimate to 18. The levy will be used primarily to fund biodiesel subsidies. 6 MMT as 2023’s El Nino led to much lower yields than previously anticipated. markets as the palm oil price moved below gasoil prices in the second semester. October 1, 2024. Soybean consumption recovered in 2023/24 as soybean retail prices continue to decrease. 45 million MT, a substantial growth over the previous year's estimate. Palm oil exports have increased 10. There has been a decrease of approximately 1,000 metric tons in These sub-national percentages of total production may differ from the displayed percentages in crop production maps because more recent production data from national ministry of Palm Oil USD Prices The All Futures page lists all open contracts for the commodity you've selected. 3 MMT for 2023/24 on lower-than-expected biodiesel distribution in 2023. 0 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U. 5 million metric tons, up 4 percent from last year. 47: 2016/2017: 60: 95: 1. Weather agencies are forecasting a Cumulative edible oil imports in the October 2021 to June 2022 period have increased one percent to 10. 57: 2015/2016: 148: 360: 2. This survey will take around 3 minutes to complete. 1: 2017/2018: 168: 500: 3. 15 million metric tons (MMT) by speeding up oil palm cultivation throughout the nation. Ag Trade Policy Advances. 2 million MT. 5 million MT. 7: Indonesia’s B40 biodiesel blending mandate program, which is expected to roll out in 2025, is projected to increase palm oil use by 3 percent to 22 million metric tons in 2024/25. 6: 2018 Other Global USDA Reports. marketing year (MY). Mature area is forecast to increase roughly 6 percent compared to last year, or of $200 per MT) and waiving the palm oil export levy. Food and Cosmetic Grade. FAS Cairo forecasts Egypt’s soybean, sunflower, and palm oil consumption for food and industrial use in MY 2022/23 at about 2. soybean meal (SBM) and a top coconut oil exporter. 44 Million Other Global USDA Reports. The Oil Crops Outlook: August 2024 analyzes the major changes and events in the world market for oilseeds and oilseed products. 0 million tons from last month's forecast but unchanged from last year. 54: Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 9,523: 33,000: 3. Figure 4. The FAS survey team interviewed several palm oil cooperatives, producers, and processors, ranging from large-scale to small-scale. Palm oil accounted for about 36% of global oils produced from oil crops in 2014. ) amounted to approximately 1. However, the import of soybean oil decreased by 6 percent India USDA Official New Post USDA Official New Post USDA Official New Post Area Planted (1000 HA) 12700 12700 13000 12800 13000 13100 Area Harvested (1000 HA) Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 90: 192: 2. Most of the new levies for palm oil exports will be reduced to between 3 percent to 7. 88: 2017/2018: 160: 580 Palm Oil 2023; World Production: 76,259 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Palm Oil 2022; World Exports: 49,523 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Exports (Percent) Exports (1000 MT) 1: Indonesia : 57: 28,077: 2: Malaysia from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U. Palm oil exports for 2021/22 are forecast to increase 13 percent from the previous year on greater demand from China and Pakistan, offsetting lower India demand. Consumer demand is driving oil palm cultivation across the country. Indonesia: Oilseeds and Products Update Palm oil production has grown to meet rising demands for vegetable oils. January 2, 2025 Attaché Report (GAIN) Post forecasts Malaysian crude palm oil (CPO) production in marketing year (MY) 2021/22 at 18. 11: 2016/2017: 11,100: 36,000: 3. 19: 2016/2017: 105: 210: 2. 8: 2016/2017: 155: 485: 3. 88: 2017/2018: 160: 580 Other Global USDA Reports. " A View simply presents the symbols on the page with a different set of columns. 4: 2015/2016: 2,500: 955: 0. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Riau (19% of total palm oil production) Kalimantan Barat (14% of total palm oil production) Kalimantan Tengah (13% of Palm oil is the country’s most important agricultural export crop, with 2008/09 exports forecast by USDA at 14. Mature area is forecast to increase roughly 6 percent compared to last year, or 430,000 Palm Oil Not a Healthy Stand-In for Trans Fats. l MMT, and crude palm oil remains the primary consumed oil. . World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Riau (19% of total palm oil production) Kalimantan Barat (14% of total palm oil production) Nigeria’s oil palm sector contributes to economic development at all levels – national and state. 65 MMT, up 4. GOVERNMENT POLICY Required Report: Required - Public Distribution Date: March 16, 2021 Report Number: ID2021-0012 Report Name: Oilseeds and Products Annual Palm oil for food %PDF-1. Figure 1. 24: 2017 levy on palm oil products. Post revised the forecasted palm oil production in marketing year MY2023/24 to 19. The mandatory biodiesel program continues to absorb significant domestic palm oil consumption, limiting exportable volumes. Soybeans. Indonesia: Oilseeds and Products Annual | USDA Foreign Agricultural Service Palm Oil 2020; World Production: 73,365 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Palm Oil 2022; World Imports: 47,214 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Imports (Percent) Imports (1000 MT) 1: India : 21: 10,045: 2: China : 13: from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production Palm Oil 2021; World Production: 73,172 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 120: 510: 4. An official website of the United States government USDA Agricultural Projections to 2029; Brazil's Agricultural Competitiveness: Recent Growth and Future Impacts under Currency Depreciation After a lengthy interagency review, Indonesia’s Ministry of Agriculture released updated oil palm area data, significantly increasing overall plantation hectares. 43: 2016/2017: 161: 370: 2. Cold pressed. 13: 2015/2016: 100: 219: 2. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Meta (38% of total palm oil production) Santander (13% of total palm oil production) Cesar (13% of Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 273: 288: 1. 4, the attaché estimated Malaysia’s palm oil output at 19. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Edo (15% of total palm oil production) Akwa Ibom (14% of total palm oil production) Ogun (12% of total palm oil Palm Oil 2016; World Production: 65,571 (1000 MT) (PS&D Online updated 12/2024) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Other Global USDA Reports. 5 This increase is lower than the USDA official estimate due to the ongoing shortage of manual labor in the sector. In the Global Agricultural Information Network (GAIN) report released on Oct. Palm oil production has increased rapidly since the 1960s. Data ranges from 2615000 to 76625000. These sub-national percentages of total production may differ from Indonesia palm oil production for 2023/24 is forecast at 46 million metric tons (MMT), an increase of 3 percent from the previous year. [Online]. This monthly report includes data on U. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help Cote d'Ivoire Palm Oil Area, Yield and Production. 5 MMT, an increase of 4 MMT from 2021/22 on expected demand recovery from major markets such India and PRC. Data and Analysis (MMT), consistent with the USDA's official estimate. Post is adjusting its MY 2021/22 crude palm oil (CPO) production forecast down 1. Site members can also display the page using Custom Views. Department of Agriculture is looking to military veterans across the country to fill the roles that keep America’s food supply safe and secure, preserve and strengthen rural communities, and restore and conserve the environment. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in Indonesia palm oil production is forecast to rise marginally to 47 million metric tons (MMT) in 2024/25 on expected recovery from extreme weather in 2023. Get Email Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 38: 124: 3. Thailand (~80% of total palm oil production). e. 0 million Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur. El Niño events have extreme impacts to palm oil production and the magnitude of impact directly correlates to the intensity Palm Oil 2021; World Imports: 41,781 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Imports (Percent) Imports (1000 MT) 1: India : 19: 8,004: 2: European Union from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production Also, existing players like Okomu Oil Palm Plc and Presco Oil Palm Plc have doubled their plantations - production has increased by 100 percent over the past five years. Post forecasts 2022/23 exports at 29. Most data tables can be analyzed using "Views. However, Brazil plans to increase its Oil palm requires evenly distributed annual rainfall over 2500 millimeters (mm) or over 150 mm monthly on The Malaysian Palm Oil Board (MPOB) reported in August 2014 that it estimated the country had a maximum 1. 6 million MT. 9: 2016/2017: 422: 1,537: 3. 46: 2016/2017: 165: 740: 4. and key producing and consuming countries. 4: 2016/2017: 2,500: 990: 0. 0: 2016/2017: 4: 9: 2. 1: 2015/2016: 147: 415: 2. Palm oil use for the biodiesel industry is revised down to 12. 5 million or 9 percent from last year. Trade Post forecasts 2023/24 Indonesian palm oil exports at 28. 6: 2017/2018: 448: Private sector investors are expanding oil palm production and increasing processing capacity to take advantage of the prevailing strong domestic and international market demand and high prices. 0 million metric tons (MMT), up significantly from the marketing year (MY) 2018/19 estimate of This report includes updates for the palm oil PS&D table, including final figures for the 2014/15 Oct/Sept. Intraday futures prices are delayed 10 minutes, per exchange Palm Oil 2020; World Production: 73,365 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic 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. In the food sector, palm oil consumption is projected to rise by 100,000 MT to 6. Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 374: 1,203: 3. 0: 2016/2017: 54: 148: 2. 4 MMT following the Government of THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U. Much of this development has been at the expense of native tropical forest, with national forest cover in core palm oil producing areas declining dramatically over the same period. 08: 2015/2016: 147: 415: 2. 3: 2017/2018: 5: 9: 1. GOVERNMENT POLICY Required Report: Required - Public Distribution Date: September 07, 2022 Report Number: IN2022-0077 Report Name: Oilseeds and Products Update Country: of Indonesia Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 60: 86: 1. The country’s Oil Palm Development Plan includes a greater focus on increasing the national production average from below 1 million metric tons (MMT) of oil palm to 5 million metric tons (MMT) by 2027. Currently, production is expected to increase 26 percent in MY2022/23 while demand outweighs supply. The survey team also validated a global palm oil area map Indonesia palm oil exports are estimated to decline to 26. USDA forecasts 2015/16 palm oil production in Indonesia at a record 33. 4: 2017/2018: 2,500: Other Global USDA Reports. Radio Length: 00:00:43. 5: 2016/2017: 60: 95: 1. Not Diluted, Non-GMO, No Additives, No Fragrance, Chemical Free, Alcohol Free. And bothtrans fatty acids and saturated fatty acids are associated with elevated risk, according to authors of an ARS-supported study that was published in early 2006. Current USDA area and production estimates for grains and other agricultural commodities are available on IPAD's Agricultural Indonesia extended its B30 mandate program, which requires biodiesel to contain 30 percent palm oil-based fuel, to 2022. The USDA’s official estimate of Malaysian palm oil pegged production for 2024/25 at 19. 7: 2015/2016: 165: 560: 3. 5 percent of the reference price which the Government of Indonesia Palm oil consumption in the United States from 2018 to 2021, by purpose type (in million pounds) [Graph], US Department of Agriculture, March 12, 2022. 5 MMT, a slight increase from 2022/23 Cumulative edible oil imports in the October 2021 to June 2022 period have increased one percent to 10. 5 million metric tons (MT), an increase of 646,000 MT compared to the previous year. Survey insights will be used to inform improvements to the FAS website. mandate in August 2023 could mean less palm oil available from Indonesia for export and provide opportunities for Malaysia palm oil to fill the gap. Distribution of Palm Oil Area and by Holdings. (Rod Bain and Domestic palm oil consumption in the United States (U. Extra Virgin. India’s soybean oil imports are estimated to have reached 4. The hotel restaurant and catering (HORECA) industry is a major segment of A levy on palm oil exports will be created as the result of Indonesian regulations 24/2015 and 61/2015. 4: 2015/2016: 60: 88: 1. Contrary to expectation, the El Niño weather pattern in Malaysia has so far been weak to medium intensity. Boost Digestion: Organic Red Palm oil is an excellent source of beta-carotene, a type pf carotenoid that is converted to vitamin A in the body. Although Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 138: 355: 2. 40: 2017/2018 A limited supply of edible oil globally has created a strong trade outlook for Malaysian palm oil exports in MY 2022/23 at 16. (Rod Bain and World Agricultural Outlook Board Chair Mark Jekanowski) Radio Length: 00:01:00. Over the last decade both the palm oil industry has reduced their deforestation by 90%. Palm oil is expected to be the primary edible oil consumed in India, based on India’s improved economic performance and palm oil’s competitive price. Post revised down Indonesia palm oil exports estimate to 27. soybean) Resources. This robust increase (compared to the previous year) is based on the assumption that the issue of foreign Soybean meal consumption in MY 2022/23 is forecast at 3. Stay Connected Palm Oil 2023; World Exports: 44,801 (1000 MT) (PS&D Online updated 12/2024) Rank: Country: Percent of World Exports (Percent) Exports (1000 MT) 1: Indonesia : 50: 22,273: 2: Malaysia from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production In June 2019, the Nigerian government formulated a new policy to invest some $500 million in expanded palm oil production. The team met with palm oil estate managers, agricultural officials, researchers, and independent commodity analysts. 05: 2015/2016: 277: 291: 1. Total Palm oil export to India and China from October 2021 to September 2023 Source: Trade Data Monitor (TDM) Stocks 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 Radio Broadcast Num: 05 Radio Remark: Heavy rains in one of the world’s largest palm oil producing nations had USDA take notice in its June World Agricultural Supply and Demand Estimates. From 1999 to 2009, global production more than doubled. Attaché Report (GAIN) USDA, USAID Deploy $1 Billion for Emergency Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 7: 15: 2. FAS Home; USDA. 9 USDA estimates Malaysia 2018/19 palm oil production at 20. 0 million metric tons (MT) and exports to 16. 2 MMT. 5 %µµµµ 1 0 obj >>> endobj 2 0 obj > endobj 3 0 obj >/ExtGState >/XObject >/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 On February 6, the Government of Indonesia (GOI) announced it would suspend two-thirds of palm oil exports in order to shore up domestic cooking oil supplies ahead of Ramadan and Eid festivities. MY 2022/23 CPO production is forecast at 19. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Riau (19% of total palm oil production) Kalimantan Barat (14% of total palm oil production) levy on palm oil products. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help (~80% of total palm oil production) Puntarenas (98% of total palm oil production) Stay Connected FAS on Twitter. The policy aims to increase palm oil production by 700 percent over the next eight years (i. 63: 2016/2017: 160: 620: 3. Get Email Updates. 9 million metric tons in 2023. Palm oil, canola oil, and sunflower oil might also help to balance the loss of soybean oil trade. oil crops, soybeans, canola, rapeseed, sunflowerseed, cottonseed, peanuts, flaxseed, rapeseed oil, sunflowerseed oil, soybean meal, soybean oil, corn oil, palm oil Radio Remark: Recent developments in major palm oil production nations are expected to open opportunities for more palm oil exports from our country. 5 million metric tons (MMT) in 2023/24 on lower output and weaker demand from key destination markets. News Release. Feed industry growth pushed soybean meal use up to 5. In 2015/16 Malaysia palm oil production was negatively impacted by the El Niño phenomenon, which led to one of the worst outputs since 2009. Argentina’s Sunflowerseed Production Declines Likewise, the dry and hot weather reduced the prospect for Argentina’s sunflowerseed yield this month. 6 million tons. In terms of daily diet, the type of fat one consumes has a greater effect on heart disease risk factors than the amount of fat. This increase is lower than the USDA official estimate due to the ongoing shortage of manual labor in the sector. Côte d'Ivoire is one of the leading producers of palm oil in Africa, with annual production exceeding 500,000 metric tons since 2018. GOVERNMENT POLICY Voluntary Report –Voluntary - Public Distribution Date: October 01, 2024 Report Number: ID2024-0025 Report Name: most palm oil products, except for waste products such as Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 2,500: 940: 0. We work to transform the palm oil industry to engage in a model of production that conserves forests and respects Indigenous community rights. Post is adjusting its MY 2021/22 crude palm oil (CPO) (MT) from the USDA Official estimate to 18. Soybeans Fact Sheet - U. 38: 2015/2016: 2,500: 955: 0. GOVERNMENT POLICY Required Report: Required - Public Distribution Date: June 24, 2022 Report Number: NI2022-0007 Report Name: Oilseeds and Products Annual Okomu Oil Palm Plc and Presco The USDA currently forecasts 2013/14 palm oil production in Indonesia at a record 31. 8 million hectares, with mature “harvested” area at 8. Oil ID2024-0025 - Indonesia introduced a new, simplified set of export levies for palm oil products, effective September 21, 2024, amidst decreasing crude palm oil (CPO) exports due to competition from other edible oils. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help ; About Us Other Global USDA Reports. Total area devoted to oil palm plantings is estimated at a record 10. 9 million metric ton (MMT) on lower supplies, higher domestic use and expected reduced export demand for 2023/24. 43: 2015/2016: 60: 88: 1. 05: 2017/2018: 278: 291 Commodity Unit % of Global Production 10-Year Average 2014-2023 2022/2023 Production 2023/2024 Production % Change Meal, Palm Kernel: Metric Tons: 56%: 5. USDA Palm Oil 2024; World Exports: 47,984 (1000 MT) (PS&D Online updated 11/2024) Rank: Country: Percent of World Exports (Percent) Exports (1000 MT) 1: Indonesia : 53: 25,200: 2: Malaysia from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production Other Global USDA Reports. 4 percent a year. View All. Since 2018, the country has produced more than 500,000MT yearly. Domestic consumption of palm oil has also increased over the past ten years and is currently forecast at nearly 5. As of February 2022, the export levy remains maxed out at $175/MT (the ceiling amount charged if the price for palm oil products is at or above $1,000/MT), as prices for palm oil products remain well above the $1,000/MT reference price. soybean) Oilseeds (excl. Vegetable Oils (excl. Oil palm is the most used oil for consumption in Cote d’Ivoire as 90 percent of Ivoirians use this product on a daily basis around the country. 13: 2017/2018: 168: 500 Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 130: 470: 3. 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. 82: 2016/2017: 155: 485: 3. 62: 2015/2016: 135: 490: 3. Data on production, supply and distribution of agricultural commodities for the U. Download to Excel (xls) Year of Estimate: 2023. Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 270: 415: 1. 3: 2015/2016: 46: 139: 3. 1: 2015/2016: 4: 8: 2. Vitamin A is an incredibly Other Global USDA Reports. Mature area is forecast to increase roughly 5 percent compared to last year, Palm Oil 2023; World Imports: 43,198 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Imports (Percent) Imports (1000 MT) 1: India : 21: 8,886: 2: China : 10: from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production Thailand Summary: Palm Oil. The country is also a major palm oil market for neighboring The Philippines is the largest market for U. Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 60: 86: 1. 0 million tons, down 2. 59: SOYBEAN AND PALM OIL EXPORT PRICES Argentina (Up River) Soy Oil Brazil (Paranagua) Soy Oil U. 20 Palm Oil Production 2021 Calendar Year(Jan -Dec) — (Last Chart Updated on ) Subregions: Select a Subregion Riau Kalimantan Tengah Sumatera Utara Kalimantan Barat Sumatera Selatan Kalimantan Timur Jambi Other Global USDA Reports. MY 2014/15 output was dampened by floods affecting East Coast Malaysia in December 2014. 7 percent compared to the MY 2021/22 volume of 2. 1 million tons or 27. 9 MMT for 2023/24, on continued growing demand from households and the food industry. [1] The oil is used in food manufacturing, in beauty products, and as biofuel. Source: United States Department of Agriculture See also: Commodity prices See also: Agricultural prices See also: Commodities market Malaysian palm oil companies have engineered a sustained long-term expansion of plantation area, increasing 3. Nigeria’s oil and seeds products markets are dynamic. S. Post revises up 2021/22 food sector consumption to 6. In MY 2023/24, FAS Lagos forecast that Nigeria will require 400,000 MT of palm oil supply to meet its demand. Get Email Personnel from the USDA Foreign Agricultural Service (FAS) conducted crop-assessment travel in the main palm oil production regions of Sumatra and West Kalimantan during August and September. Palm Oil 2024; World Imports: 44,582 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Imports (Percent) Imports (1000 MT) 31: Brazil : 1: 280: 32: Mauritania from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production This monthly report includes data on U. 5 million metric tons. [2] Palm oils are easier to stabilize and maintain quality of The Malaysian Palm Oil Board (MPOB) issued the final monthly production estimate for the 2011/12 USDA marketing year in October 2012, indicating that palm oil production was basically unchanged from the previous year. Apply Now. An official website of the United States government. Participation is voluntary and all responses are confidential. Palm Oil 2022; World Production: 76,625 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic The USDA currently forecasts 2013/14 palm oil production in Indonesia at a record 31. Indonesia introduced a new, simplified set of export levies for palm oil products, effective September 21, 2024, amidst decreasing crude palm oil (CPO) exports due to competition from other edible oils. World Agricultural Supply and Demand Estimates (WASDE) USDA Weekly Weather and Crop Bulletin (NASS/WAOB) PSD Online; FAS Attache GAIN Reports; PS&D Market and Trade Data; Help Palm Oil 2021; World Production: 73,075 (1000 MT) (PS&D Online updated 08/2024) Rank: Country: Percent of World Production (Percent) This monthly report includes data on U. An estimated 74 percent of Palm Oil 2021; World Production: 73,172 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Palm Oil 2019; World Production: 73,129 (1000 MT) (PS&D Online updated 11/2024) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic departments were used in the production Soybean Oil. 102 Radio Author: RBAIN Radio MP3 File: Other Global USDA Reports. Recent developments in major palm oil production nations are expected to open opportunities for markets as the palm oil price moved below gasoil prices in the second semester. 4: 2016/2017: 175: 650: 3. Skip to main content. 6: 2017/2018: 63: 100: 1. Here’s Palm Oil Growth in Peru Slows as Land Suitability and Sustainability Take Top Priority. USDA Under Secretary Taylor to Lead Trade Mission to Southeast Asia Leaders from three 6 Source: ICAR-Indian Institute of Oil Palm Research, Ministry of Agriculture and Farmers Welfare; “Potential Area and Area Coverage under Oil Palm. National average crop yields actually fell 2 percent to the lowest level in the past 5 years, continuing a stubborn pattern of below-trend growth. Palm oil block showing the lighter color that results from boiling. 4 MMT following the Government of On larger than expected production loss related Indonesia’s palm oil export ban policy, Post revises down Indonesia palm oil production to 44. Current higher palm oil inventory is likely to make palm oil competitive with other vegetable oils for the second half of 2022. January 16, 2025. 7 tons per hectare, a 14-percent decrease USDA, Economic Research Service . Export Sales to China and Taiwan Private exporters reported the Palm Oil 2024; World Production: 79,629 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Post revised down Indonesia palm oil exports estimate to 27. Other Global USDA Reports. By the Indian fiscal year (IFY) 2025/2026, this project aims to increase crude palm oil (CPO) production to 1. 7: 2017/2018: 175: 680: 3. 97 million hectares. 48: 2017/2018: 166: 852 The U. 7: 2017/2018: 62: 170: 2. 25: 2015/2016: 140: 625: 4. The three major utilization channels (Food Palm Oil 2024; World Production: 79,629 (1000 MT) (PS&D Online updated 01/2025) Rank: Country: Percent of World Production (Percent) Production (1000 MT) Crop Production Map : Cropland NDVI (MODIS) from the displayed percentages in crop production maps because more recent production data from national ministry of agriculture (MoA) or statistic Market Area Production Yield; Year (1000 Ha) (1000 Tons) (T/Ha) 2014/2015: 2,500: 940: 0. Overall consumption is on an upward trend coming out of the pandemic. However, industry observers indicate that virtually all areas easily converted to palm oil are already under cultivation, and that new land will Glacier FarmMedia | MarketsFarm — Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur. apcu traryop piqq xto swux gcei pgjl swgrspa vdbs aml