1、 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.GOVERNMENT POLICY Required Report:Required-Public Distribution Date:April 03,2025 Report Number:JA2025-0017 Report Name:Oilseeds and Products Annual Country:Japan Post:To
2、kyo Report Category:Oilseeds and Products Prepared By:Daisuke Sasatani Approved By:Erica Summe Report Highlights:Japans vegetable oil and protein feed markets are mature and stable.While surging commodity prices and the shipping crisis impacted Japans oilseed and product imports in the past,the situ
3、ation has normalized.With imported oils like palm and olive oil becoming expensive,domestically crushed soybean and canola oils have gained a competitive price advantage.Consequently,crushers are expected to marginally increase crush volumes in MY 2024/25 and 2025/26,favoring soybean crush over rape
4、seed due to better crush margins.The production of domestically produced soybean meal and rapeseed meal is anticipated to rise,reducing Japans imports of soybean meal.As of spring 2025,Japanese traders perceive uncertainty in global trade but remain willing to procure oilseeds and products opportuni
5、stically.Hokkaidos favorable weather in MY 2024/25 resulted in excellent food-grade soybean production;however,the food soybean market remains flat due to inflationary pressures.0 Table of Contents Oilseeds.1 Production.2 Consumption.4 Crush.4 Food Use Consumption.7 Feed,Seed,and Waste Consumption.8
6、 Trade.8 Stocks.11 Meals.12 Production.14 Consumption.16 Feed and Waste Consumption.16 Food Use Consumption.18 Industrial Consumption.19 Trade.19 Stocks.21 Oils.22 Overall Vegetable Oil Market.23 Production.25 Consumption.25 Food Use.25 Industrial Use.26 Feed Use.28 Trade.28 Stocks.30 1 Oilseeds Com