Malaysian Palm Oil Council Russia's Post

Global oilseed production for 2022/23 is projected at 644.4 million tons, down 1.2 million from last month.

Lower sunflower, rapeseed, palm kernel, and cottonseed production forecasts are partly offset by higher soybean output. Global sunflowerseed production is reduced for Russia and Ukraine based on harvest results.

Canola production for Canada is lowered 0.5
million tons to 19.0 million based on government reports.

Palm kernel and palm oil production is lowered for Indonesia for 2021/22, reflecting crop losses during periods of export restrictions and poor harvest weather. Indonesian palm oil production for 2022/23 is also lowered 1.0 million tons to 45.5 million.

Source: USDA
By: via Malaysian Palm Oil Council Russia