This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2016/2017 will be 65.5 million metric tons, around 0.1 million tons more than the previous month's projection.
Palm Oil Production last year (*) was 60.9 million tons. This year's 65.5 estimated million tons could represent an increase of 4.59 million tons or a 7.54% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be August 12, 2016.