This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2014/2015 will be 62.8 million metric tons, around 0.45 million tons more than the previous month's projection.
Palm Oil Production last year (*) was 59.29 million tons. This year's 62.8 estimated million tons could represent an increase of 3.51 million tons or a 5.92% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be August 12, 2014.