Palm oil production expected to return in earnest next year: OCBC

After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% over 20.

• Jun 1, 2024Palm Oil Production, Exports and Consumption Up+2.4%
• Dec 24, 2025Palm Oil Magazine - Palm Oil Production and Exports Strengthen in October 2025, Biodiesel Fuels Domestic Demand - Palm Oil Magazine+0.2%
• Jan 26, 2022Palm oil Export Projected To Reach At Least US$34b In 2022 - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)+7.2%
• Apr 14, 2021Palm unchanged on anticipation of higher production and exports - Markets - Business Recorder+3.9%
• Apr 12, 2024USDA increased the estimate of world production of vegetable oils-3.8%

After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.

• Feb 19, 2026Soybean Oil Used for Biofuel Production Expected to Soar+1.3%
• Aug 12, 2025USDA Ups 2025 Corn Production More Than Expected in Latest Crop Production Report+3.2%
• Oct 12, 2023WASDE Reduces Corn and Soy Production More Than Expected+4.7%
• Aug 8, 2019Estimates point to record harvest, pushed by corn production, in 2019 | News Agency+1.4%
• Oct 25, 2023U.S. soybean meal exports set record, expected to go higher next year | Agri-Pulse Communications, Inc.-0.6%

After 116 past bullish report events, Crude Oil (Brent) moved a median +1.3% over 5 sessions (66% higher; middle half -1.0% to +3.1%), and +2.0% over 20.

• May 31, 2021OPEC Boosted Production Less Than Expected In May | OilPrice.com+2.4%
• Sep 12, 2017OPEC production falls to 32.76 million b/d in August | Oil & Gas Journal+2.7%
• Oct 11, 2023Oil, gasoline prices set to rise in 2024 as OPEC+ production cuts take their toll: EIA+2.3%
• Jan 22, 2018OPEC and Non-OPEC oil production cuts at record highs - Offshore Energy+2.5%
• Oct 19, 2018Leaked Document: OPEC+ Struggling To Lift Oil Production | OilPrice.com-3.4%