Current development in precision agriculture has underscored the role of machine learning in crop yield prediction. Machine learning algorithms are capable of learning linear and nonlinear patterns in complex agro-meteorological data. However, the application of machine learning methods for predictive analysis is lacking in the oil palm industry. This work evaluated a supervised machine learning approach to develop an explainable and reusable oil palm yield prediction workflow. The input data included 12 weather and three soil moisture parameters along with 420 months of actual yield records of the study site. Multisource data and conventional machine learning techniques were coupled with an automated model selection process. The performance of two top regression models, namely Extra Tree and AdaBoost was evaluated using six statistical evaluation metrics. The prediction was followed by data preprocessing and feature selection. Selected regression models were compared with Random Forest, Gradient Boosting, Decision Tree, and other non-tree algorithms to prove the R2 driven performance superiority of tree-based ensemble models. In addition, the learning process of the models was examined using model-based feature importance, learning curve, validation curve, residual analysis, and prediction error. Results indicated that rainfall frequency, root-zone soil moisture, and temperature could make a significant impact on oil palm yield. Most influential features that contributed to the prediction process are rainfall, cloud amount, number of rain days, wind speed, and root zone soil wetness. It is concluded that the means of machine learning have great potential for the application to predict oil palm yield using weather and soil moisture data.