USDA – Oilseeds: World Markets and Trade, May 2025

The main theme of the report is the global oilseed market and trade in the 2025/26 marketing year.

Global oilseed production is forecast at a record 692 million tons, up 2% from 2024/25. The main production growth is driven by increased soybean production in South America, albeit at a slower growth rate. Significant recovery in rapeseed and sunflower production is expected in Europe after last year's drought. Oilseed consumption is forecast to grow by 3%, mainly due to increased processing of soybeans, rapeseed, peanuts, and sunflowers. Global oilseed trade is forecast to grow by 3%, mainly due to soybean exports from Brazil, despite a decline in exports from the United States. World oilseed ending stocks are forecast to increase by nearly 2 million tons to 143 million.