This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2014/2015 will be 62.79 million metric tons, around 0.5 million tons less than the previous month's projection.
Palm Oil Production last year (*) was 59.06 million tons. This year's 62.79 estimated million tons could represent an increase of 3.73 million tons or a 6.32% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be January, 2014.