India: Indian government resumes GM-origin soybean meal imports

  |   Attaché Report (GAIN)   |   IN2022-0048

On May 2, 2022, the Ministry of Consumer, Food and Public Distribution, through the Directorate General of Foreign Trade announced approval for the importation of an additional 550,000 metric tons (MT) of soybean meal (including GE derived). This import quota is the remaining amount unfilled from the Indian government’s previous 1.2 million metric tons (MMT) quota established in August 2021. India is permitting imports to run through September 30, 2022; bills of lading must be dated on or before this date. This move was made as a response to high soybean meal prices to alleviate India’s poultry and livestock industry, for which this meal is a critical feed input.

Related Reports

Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices increased slightly despite the weakening of the Thai baht.
Attaché Report (GAIN)

South Korea: Grain and Feed Update

This report provides updates to the Korea Rice Production 2022 report issued by FAS/Seoul on June 28, 2022, based on new data released by the Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) in December 2022.
Attaché Report (GAIN)

China: Offloading Old Stock Rice Through Annual Auction

The People’s Republic of China (PRC) will re-start old crop rice auctions for feed use beginning in March 2023 to rotate out older stocks, to provide grain alternatives, and to temper rising feed grain prices.