USDA – Oilseeds: World Markets and Trade, Apr 2025
Summary
The main theme of the report concerns global markets and trade in oilseeds.
Key findings include an increase in biodiesel production in Brazil, reducing soybean oil export volumes as it is redirected to the domestic fuel market. Record soybean oil production in Brazil is forecasted for 2024/25, but exports will remain at the previous year's level due to high domestic demand. Global demand for vegetable oils is growing, supporting high export prices. There is an increase in rapeseed imports to China amid trade disputes with Canada.
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