This month the United States Department of Agriculture (USDA) estimates that the Global Palm Oil Production 2016/2017 will be 65.39 million metric tons.
Last year the Global Palm Oil Production (*) was 61.55 million tons. This year's 65.39 estimated million tons could represent an increase of 3.84 million tons or a 6.24% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be June 10, 2016.