This month the United States Department of Agriculture (USDA) estimates that the World Palm Oil Production 2016/2017 will be 62.79 million metric tons, around 1.07 million tons less than the previous month's projection.
Palm Oil Production last year (*) was 58.72 million tons. This year's 62.79 estimated million tons could represent an increase of 4.07 million tons or a 6.93% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be May 10, 2017.