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:TH2025-0009 Report Name:Oilseeds and Products Annual Country:Thailand Post

2、:Bangkok Report Category:Oilseeds and Products Prepared By:Ponnarong Prasertsri,Agricultural Specialist Approved By:Kelly Stange Report Highlights:MY 2025/26 soybean crushing demand to grow at a slower pace of two percent due to slow economic recovery with uncertainties from the U.S.reciprocal tarif

3、f measures.Palm oil supplies are likely to remain tight in MY 2024/25 and MY 2025/26 due to strong demand for biodiesel production as the government maintained the high levels of mandatory blend rate.Executive Summary Post forecast MY 2025/26 soybean imports to slow down at around three percent from

4、 an eight percent increase in MY 2024/25 as economic recovery is expected to remain slow in 2025 and 2026.Feed demand is likely to level off,especially for swine production which recovered in MY 2024/25 after the ASF outbreak between 2021 2022.MY2024/25 soybean meal production will likely continue t

5、o grow four percent from a 15 percent increase in MY2023/24 as demand for locally crushed soybean meal remains strong following the recovery in swine production and growing broiler production in the first half of MY2024/25,as well as the high freight costs.Palm oil supplies are likely to remain tigh

6、t in MY2024/25 and MY2025/26 due to strong demand for biodiesel production as the government maintained high levels of mandatory blend rate of 5.0 7.0 percent.Demand for cooking palm oil declined four percent in 2024 as consumers shifted to cooking soybean oil due to the surge in cooking palm oil pr