This month the United States Department of Agriculture (USDA) estimates that the Global Palm Oil Production 2016/2017 will be 65.5 million metric tons.
Last year the Global Palm Oil Production (*) was 59.4 million tons. This year's 65.5 estimated million tons could represent an increase of 6.09 million tons or a 10.25% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be September 12, 2016.