This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2014/2015 will be 63.29 million metric tons, around 0.45 million tons more than the previous month's projection.
Palm Oil Production last year (*) was 59.6 million tons. This year's 63.29 estimated million tons could represent an increase of 3.7 million tons or a 6.21% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be October 10, 2014.