629.2
million metric tons
Global Production
USDA – FAS – Oilseeds: World Markets and Trade
+7.8%
YOY % Change
Provenance
Soybeans dominate the oilseed market, with the US, Brazil, and Argentina being the top producers. Brazil’s rapid expansion in soybean production, particularly in the Cerrado region, has reshaped global agriculture. Rapeseed is significant in Canada (canola) and the EU, while sunflower seeds are major crops in Ukraine and Russia. Palm oil, produced mainly in Indonesia and Malaysia, is another crucial part of the global oil market.
Impact
Oilseeds play a critical role in global food security and nutrition. They provide essential vegetable oils and protein meals for animal feed, supporting diverse dietary needs worldwide.