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  • Does Tunisia produce seed oil?
  • Seed oil production in Tunisia stays moderate due to the country’s domestication of olive oil. As a top edible oil in Tunisia, the country imports some of its crude vegetable oil. The country relies more on the cultivation of olive, palm, and sunflowers that boost the consumption of vegetable oil locally and for export.
  • How much soybeans will Argentina produce in 2022?
  • Post lowers its 2022/2023 estimate for Argentine soybean production to 23.9 million metric tons (MMT). This production estimate is the lowest in 24 year and the yield estimate is the lowest in almost 50 years. As a result of the drought, Post estimates that Argentina will need to import a record 11 MMT of soybeans to achieve a crush of 29.5 MMT.
  • How much soybeans did Argentine farmers sell in September?
  • According to the Argentine government, farmers sold a record volume of soybeans, more than 13.7 million metric tons (MMT) in September, after the government offered a special exchange rate for producers. As a result, exporters booked nearly 4 MMT in export declarations, with China as the principal destination.
  • Will Argentina lose its position in the world's largest exporter of soybeans?
  • As a result of the drought, Post estimates that Argentina will need to import a record 11 MMT of soybeans to achieve a crush of 29.5 MMT. This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. Soybean oil exports are estimated at 3.65 MMT.
  • What would happen if Argentina ceased exporting soybean meal?
  • This reduced crush would lead Argentina to export only 18.75 MMT of soybean meal, potentially losing its position as the world's largest exporter of soybean meal. Soybean oil exports are estimated at 3.65 MMT. Sunflowerseed production is estimated unchanged at 4 MMT and peanut production is lowered to 970,000 MT due to the effects of drought.
  • What's going on with soybean exports & sunflowerseed production in my 2024/25?
  • Soy oil exports are forecast to grow as well to 5.3 MMT. Sunflowerseed production is forecast down up slightly in MY2024/25 to 3.7 MMT as producers expect another dry La Niña weather pattern ahead, but still down significantly from the record year of MY2022/23 when sunflower was the only bright spot in a bleak crop landscape.