This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2013/14 will be 58.43 million metric tons, around 0.04 million tons more than the previous month's projection.
Last year the World Palm Oil Production (*) was 55.77 million tons. This year's 58.43 estimated million tons could represent an increase of 2.66 million tons or a 4.77% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be March 10, 2014.