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MY15/16 soybean imports are forecast at 79 million tons, slightly higher than the previous year.
Post reduced its 2015/16 production forecast to 98 million metric tons (mmt). Dry and hot weather in central and northeast Brazil is having an impact in the progress of the crop.
China is the second largest market for planting seeds after the United States. It is self-sufficient in planting seeds for grains, but imports some grass, vegetable, and fruit seeds.
News and consumer trends in South Korea’s food market.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.
On December 14, Taiwan’s Legislative Yuan amended legislation to withdraw genetically engineered (GE) food products from school meals.
Italy’s biodiesel capacity stands at approximately 2 Million Metric Tons (MMT). Italian biodiesel operators include two categories: biodiesel producers and oilseed crushers.
On December 29, 2015, the government of Argentina eliminated the export permit system known as the Register of Export Operations (ROEs) for grains and oilseeds, replacing it with a reporting mechanism
Robust soybean planting in Cordoba province and smooth planting in the rest of the country are trending national production area towards the 2014/15 soybean forecast of 21 million hectares.
Post’s October forecast for MY14/15 total oilseed production is 55.8 million tons, down by 5 percent from an estimated 58.7 million tons in MY13/14.
Post reduced its 2014/15 production forecast to 92 mmt, still a record, based on a lower national yield.
The Canadian renewable fuels industry is coming close to reaching its medium term domestic production capacity.