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World Agriculture Weather Review: Heavy Rains Will Affect Palm Oil Production In Malaysia


Published Date: January 29, 2024
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According to meteorological projections and reports from local media, Peninsular Malaysia is expected to face severe challenges due to excessive precipitation and flooding in December's final days and early January. As of January, floods had forced some 8,500 people to seek shelter in relief centres, and more torrential rain is predicted for Peninsular Malaysia. Industry sources predict that Malaysia will produce 18.5 million tonnes less palm oil in 2024, a 1% decrease—and blame the fall on the negative effects of excessive rains on oil palm estates' harvesting and logistics. Furthermore, during the northeast monsoon, which runs from October to March, Indonesia, the global largest producer of palm oil, will be issuing warnings for heavy rain. Strong winds are also anticipated in the northeastern states and the east coast sea.

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Other Affected Region

The European Center for Medium-Range Weather Forecasts mentioned that there's a probability of scattered snowfall in parts of Romania and Poland within the next two weeks. The agency also predicts near-normal temperatures across Europe during this period. Traders have suggested that the potential snowfall and precipitation in southern France might elevate the moisture levels in the wheat crop, possibly leading to delays in upcoming corn planting. According to the European Commission's December report, EU cereal production for the 2023-24 marketing year (July- June) is anticipated to reach 270.9 million tons, an increase from the previous estimate of 269.1 million tons.

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