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Date
 25/03/2020
News Provider
 Siti Safura Masiron
News Source
 Successful Farming
Headline
 USDA ATTACHE SEES INDONESIA PALM OIL PRODUCTION RISING IN 2020-21

24.03.2020 (Successful Farming) - March 24 (Reuters) - Following are selected highlights from a report issued by a U.S. Department of Agriculture attache in Jakarta:

Palm oil production is expected to reach 43.5 million tons in 2020/21 as increased area is partially offset by lower yields resulting from fewer inputs and sub-optimal rainfall during 2018-2019. Palm oil exports and soybean imports for 2019/20 are revised downward due to expected weaker demand overseas and domestically as a result of the coronavirus pandemic.


To read the full report, click: https://bit.ly/2UtSCze (Reporting by Julie Ingwersen in Chicago; Editing by Richard Chang)


https://www.agriculture.com/markets/newswire/usda-attache-sees-indonesia-palm-oil-production-rising-in-2020-21

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