Malaysia: Oilseeds and Products Update

Based on strong production in April and May 2025, combined with a slight revision in area harvested methodology, Post revises production and area harvested estimates for Market Year (MY) 2024/25 and MY 2025/26 higher than previous projections for palm complexes. With increased price competitiveness since the price peak in December, Post increases projections in exports, while also raising imports for MY 2024/25 based on new data. The soybean imports estimate for MY 2024/25 is revised upwards on current data as strong import figures from the United States in April and May, as beans were likely shifted to Malaysia during tariff changes in the Asia region, while import estimates for MY 2025/26 are lowered from previous estimates as U.S. soybean supply in the world market is expected to decrease and the complex returns to being a price-premium compared to competitor oilseeds.