ISTA Mielke GmbH
Langenberg 25
21077 Hamburg / Germany
Phone: +49-(0)40-7610500
The Independent Forecasting Service for Oilseeds, Oils & Meals
Providing Primary Information --Professional Analysis-- Unbiased Opinion

++++ Latest OIL WORLD Headlines ++++

More details and background analysis are provided in the various Publications of OIL WORLD, primarily in the WEEKLY and the FLASH

Jun 26: 
World Output of Biodiesel Forecast to Decline by 1.3 Mn T in 2015...

Biodiesel producers are struggling with the widening gap between prices of crude mineral oil and vegetable oils since late 2014. Demand for discretionary blending has largely come to a standstill, confining biodiesel use almost exclusively to those sectors where mandatory admixture is in place...
Brazil will achieve the biggest growth of biodiesel production worldwide, driven by the step towards 7% admixture in late 2014. This year's production is estimated to increase by 0.4 Mn T...

OIL WORLD WEEKLY of 26 June 2015...

Jun 22: 
Up-to-date Statistics Released for Key Commodities and Countries...

We compiled up-to-date statistics, inlcuding supply and demand, trade details, area and production, monthly prices etc for the following commodities/countries:

  • Soybeans, oil & meal

  • Palm oil

  • Rapeseed, oil & meal

  • Sunseed, oil & meal

  • EU-28

  • China

  • India

    The data are based on the MONTHLY of 27 March 2015 and the Data Base CD ROM released April 1. More info under

    Jun 22: 
    OIL WORLD Data Base June 2015 Released...

    on CD-ROM

    -- Date of Release: 18 June 2015 --

    2015/16 oilseed production as well as world supply & demand of oilseeds, oils/fats and oilmeals, all by country

    Take advantage of our reliable, unbiased and comprehensive information and forecasts. For a better understanding of current market developments and prospects.

    • The OIL WORLD Data Base on CD-ROM provides the information which gives you a competitive edge. It includes much more data than can be published in the OIL WORLD MONTHLY and WEEKLY:

    • Forecasts of 2015/16 oilseed area. yields and production and world supply and demand outlook for oils/fats and oilmeals for next season!

      Up-to-date estimates of 2014/15 world supply & demand for all oilseeds, oils & fats and oilmeals with breakdown by country.

    • Quarterly world production, trade, consumption and stocks estimates up to July/Sept 2015.

    The CD-ROM provides oilseed crop and processing statistics as well as supply & demand balances for oils/fats, oilmeals etc. for the 64 most important countries. This comprises the EU-28 as well as the major countries of the CIS, Central Europe, America, Asia, Africa and Oceania.

    Monthly prices from Jan 2000 up to June 2015 for the 6 major oilseeds, 15 oils/fats and 8 oilmeals.

    • Monthly crush, production, trade and stocks data for key countries until Sept or Dec 2015. Trade statistics are provided for the major exporting countries with breakdown by country of destination and for the leading importing countries by country of origin.
      The Commodity Sections for Oilseeds, Oils and Oilmeals provide the supply and demand developments as well as stocks,with breakdown by major countries. The forecasts cover the season 2015/16 for crop production and area as well as world supply & demand of the major oilseeds and products. The time periods in most tables are the 5 seasons until 2014/15 and the 3 calendar years ending 2014. A quarterly breakdown is given in the respective Summary Tables of each commodity. Monthly Price Surveys are given for most oilseeds, oils and meals. The section 'Other Commodities' provides world production statistics for red meat and poultry.
    • For more info see

      Jun 19: 
      EU-28 Rapeseed Crop Seen Falling by 2.6 Mn T in 2015/16...

      In the European Union the total area of winter and spring rapeseed is seen declining to a 3-year low of 6.55 Mn ha, approximately 200 Thd ha below last year. Our production estimate of 21.8 Mn T for the EU-28 reflects a downward revision of 0.2 Mn T from our previous estimate and is down 2.6 Mn T from last year’s record...
      The sizably reduced production in the EU will raise import requirements. However, these may be difficult to satisfy...

      OIL WORLD WEEKLY of 19 June 2015...

      Jun 12: 
      Another sharp increase in world supplies for 2015/16, keeping oilseed prices low..

      World supplies of soybeans are likely to turn out higher than expected, according to our revised forecasts for next season, while downward revisions were made for other oilseeds. For the first time combined production of rapeseed and sunflowerseed will decline for the second year in a row in 2015/16.
      We now estimate world production of 10 oilseeds at 522.0 Mn T next season, down 8.6 Mn T from a year earlier but still the second highest on record. But with world stocks of oilseeds at the start of next season likely to be record high at 106 Mn T (26 Mn T higher than a year ago), the anticipated decline in production will be easily offset. Total world supplies of 10 oilseeds will thus continue to increase in 2015/16, probably reaching 628 Mn T, up 18 Mn T from a year earlier..

      OIL WORLD MONTHLY of 12 June 2015...

      Jun 05: 
      Nigeria: Strong Dependence on Palm Oil Imports to Satisfy Sharp Increase of Consumption...

      Nigeria is Africa’s by far most populous country with about 184 Mn people and it also leads the continent in terms of vegetable oil consumption. Total consumption of oils & fats is on a steep uptrend and expected to reach 2.8-2.9 Mn T in Oct/Sept 2014/15. This compares to 2.2 Mn T in 2010/11, implying annual increases of 0.1-0.2 Mn T.
      Palm oil is of utmost importance for Nigeria as it satisfies roughly 80% of total oils & fats consumption, followed at a wide distance by groundnut oil and soya oil. In the just-released OIL WORLD ANNUAL 2015 we show data on supply, demand and trade of vegetable oils for Nigeria and 36 other African countries...

      OIL WORLD WEEKLY of 5 June 2015...

      May 29: 
      The OIL WORLD ANNUAL 2015 has just been released

      The OIL WORLD ANNUAL 2015 has just been released. It provides world statistics on production, imports, exports, consumption, crushings and stocks as well as prices for 10 major oilseeds, 17 oils & fats as well as oilmeals and biodiesel on more than 700 pages with our first estimates for 2015/16 and updated statistics, graphs and textual analysis for Oct/Sept 2014/15 and calendar year 2014. For details see the sections ‘OIL WORLD ANNUAL'....

      May 15: 
      Argentine biodiesel exports are picking up in May probably reaching 70-75 Thd T, the highest so far this year, but still trailing the year-ago level....

      Argentine biodiesel exports are picking up in May probably reaching 70-75 Thd T, the highest so far this year, but still trailing the year-ago level. The USA will be the leading export destination in May. Details in the OIL WORLD WEEKLY of May 15...

      May 08: 
      Ukraine sun oil exports declined noticeably by around 150 Thd T from last year in April. We expect a year-on-year decline ....

      Ukraine sun oil exports declined noticeably by around 150 Thd T from last year in April. We expect a year-on-year decline of 0.6 Mn T in April/Sept 2015. Also world exports will be declining sizably, forcing consumers in many importing countries to shift to alternative vegetable oils, primarily soya oil and palm oil. OIL WORLD WEEKLY May 8

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