Indonesia’s palm oil exports for 2024/25 have been revised down to 22.8 MMT due to reduced demand and the B40 biodiesel mandate. However, production is expected to rise 3% to 47 MMT in 2025/26 due to improved yields. Palm oil prices surged 24% year-on-year, narrowing their competitiveness with other oils. Soybean consumption remains steady at…
The Soybean Processors Association of India (SOPA) expects a 5% decline in soybean sowings this kharif season due to low soybean prices for the past two years. Many farmers are switching to crops like cotton, arhar and maize, which can yield better returns. Although the monsoon rains were on time, some farmers in Madhya Pradesh…
Maharashtra’s soybean cultivation area is expected to decrease by two lakh hectares due to poor returns on the produce last year. External factors such as the import of soybean cake as fodder and the government’s reluctance to purchase have dampened farmers’ interest in soybean cultivation. Other factors include losses caused by irregular rainfall and delays…
