Oilseeds and oilseed products

This chapter describes the market situation and the latest set of quantitative medium-term projections for global and national oilseed, protein meal and vegetable oil markets for the ten-year period, 2014-23. The discussion covers the developments expected in world and national prices, production, use (human consumption, industrial and feed use), trade (imports and exports) and stocks. The quantitative projections are developed with the aid of the partial equilibrium Aglink-Cosimo model of world agriculture. The chapter also includes a box that explains policy options for biofuel in Indonesia. It concludes with a discussion of main issues and uncertainties concerning the medium-term outlook for oilseeds. These include biodiesel policies, and specific market developments influencing production, consumption and trade of oilseeds and oilseed products.