Elaeis guineensis but since 2007, Indonesia has been the world's largest producer, supplying approximately 50% of world palm oil volume. Worldwide palm oil production for season 2011/2012 was 50.3 million metric tons, increasing to 52.3 million tons for 2012/13. In 2010/2011, total production of palm kernels was 12.6 million tonnes. The Urhobo people of Nigeria use the extract to make Amiedi soup. Key scientific journals publishing on oil palms and related topics include: The social and environmental impacts of oil palm cultivation is a highly controversial topic. Oil palm is a valuable economic crop and provides a major source of employment. It
Commodity currency Commodity currency A commodity currency is a name given to some currencies that co-move with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. Commodity currencies are most popular in developing countries (eg. Burundi, Tanzania, Papua New Guinea). However developed countries like Canada and Australia can also have this type of currency. For example, the Canadian Dollar grows stronger, the higher the price of soybeans and oil because these are Canada's two major commodities. In the foreign exchange market, commodity currencies generally refer to the Australian dollar,