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)