The report focuses on global markets and trade of oilseeds.
Key findings include a forecasted increase in soybean meal imports to the European Union to 17.6 million tons in 2024/25, the highest in the last 9 years. Export prices for soybean meal are falling due to large global soybean stocks and increased soybean processing in producing countries. Demand for biodiesel in Colombia is rising, limiting palm oil exports from the country.