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Wheat production in marketing year (MY) 2021/2022 is estimated at a record 21.8 million tons, 1.3 million tons higher than the official USDA number. In consequence, exports are increased to 15.2 million tons (including flour in its wheat equivalent).
South Africa had an excellent start to the 2021/22 MY, with carry-over soil moisture and widespread rains that led corn producers to start plantings two to four weeks earlier than usual. Excessive rainfall during December to early January caused damage to planted crops in some areas that could impact crop size, although the extent will only become clear over the next few months.
On November 24, 2021, the Indian government approved the extension of the additional free food grains scheme through March 31, 2022. With this extension, an additional 16 million metric tons (MMT) of grains will be released from government stocks.
The Mexican Ministry of Health is proposing changes to the existing NOM-187 published in 2003. The purpose of the amendment is to establish the classification, ingredients, and specifications that products derived from corn and wheat need to meet.
On January 7, 2022, the Turkish Government published Biosafety Decisions on the import of genetically engineered (GE) soybean and corn events. The Ministry of Agriculture and Forestry (MinAF) approved one new soybean event and one new corn event for feed and cancelled the approvals of two corn events which expired on 12/24/2021.
On December 31, 2021, Turkey announced a revised tariff list for a number of products. According to a Presidential Decree published in the Official Gazette, the import tariffs on wheat, corn, rye, barley, oats, chickpeas, and lentils, has been eliminated through December 31, 2022.
Japan’s current renewable energy policy focuses on generating power from solar, wind, and geothermal sources. Imports of wood pellets have been increasing for thermal power generation.
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
Czech Grain and Rapeseed crop is described as good or average, showing large variability across regions caused by different weather conditions.
Colombia’s biofuel mandates remain unchanged resulting in little incentive to increase production or consumption.
Canada has had a federal mandate requiring five percent of the national gasoline pool to be renewable (ethanol) and two percent renewable content in diesel fuel.
On July 10, 2016, the Central Administration for Public Mobilization and Statistics (CAPMAS) released its latest headline Consumer Price Index (CPI) numbers for the month of June, reflecting...