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:March 31,2026 Report Number:JA2026-0016 Report Name:Oilseeds and Products Annual Country:Japan Post:To
2、kyo Report Category:Oilseeds and Products Prepared By:Daisuke Sasatani Approved By:Craig Elliott Report Highlights:Japans oilseeds and products markets remain stable.Despite high prices,palm oil imports are consistent based on steady demand.Inflationary pressures eased for a period,encouraging crush
3、ers to increase soybean crushing while also maintaining rapeseed processing.However,with vegetable oil prices expected to rise in combination with canola crush margins outperforming soybeans,crushers will prioritize rapeseed over soybean crushing.Increased use of Canadian canola has boosted meal pro
4、duction,creating a meal surplus that may dampen rapeseed imports.Despite ample,global soybean meal availability,Japan will maintain stable soybean import levels as protein supplies are robust.Following earlier fish mortality,feed demand for aquaculture softened in 2025 but expected to recover.With d
5、omestic fishmeal output likely to fall,fishmeal imports are expected to rise.Elevated 2025 rice prices reduced soybean plantings,but an anticipated rice price decline should support a 2026 rebound in soybean production.1 Contents Oilseeds.2 Production.3 Consumption.5 Crush.5 Food Use Consumption.7 F
6、eed,Seed,and Waste Consumption.8 Trade.9 Stocks.11 Meals.12 Production.14 Consumption.16 Feed and Waste Consumption.16 Food Use Consumption.20 Industrial Consumption.20 Trade.21 Stocks.23 Oils.24 Overall Vegetable Oil Market.25 Production.28 Consumption.29 Food Use.29 Industrial Use.30 Feed Use.30 T