Oilseeds and Products Update

Global Agricultural Information Network (GAIN) Reports

In order to provide agricultural market intelligence, insight, and analysis of interest to exporters of U.S. agriculture, USDA Indonesia generates 21 scheduled public Global Agricultural Information Network (GAIN) reports annually.

Besides the scheduled GAIN reports, USDA Indonesia may also generates time-critical public voluntary GAIN reports regarding important policy or market changes that is not covered by the scheduled GAIN reports.

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Oilseeds and Products Update

ID2024-0048 – Published on December 6, 2024

Indonesia’s B40 biodiesel blending mandate program, which is expected to roll out in 2025, is projected to increase palm oil use by 3 percent to 22 million metric tons in 2024/25. Soybean consumption recovered in 2023/24 as soybean retail prices continue to decrease. Weak performance in the feed mill industry reduced 2023/24 soybean meal use lower than previously expected. Due to lower prices, Indonesia’s imports of U.S. soybean meal rose an estimated 43 percent to 167,000 MT in 2023/24.

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