Browse Data and Analysis

Dry weather and high temperatures in the last months of 2022 have damaged the Marketing Year (MY) 2022/23 Argentine soybean crop, particularly affecting first crop soybeans within a 125 kilometer radius of Rosario, Santa Fe Province.

On January 11, 2023, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade (DGFT) issued Public Notice No. 50/2015-20. The notice specifies that India amended its previous tariff-rate quota of 2 million metric tons for crude soybean oil, previously allowable at a zero percent duty through Indian fiscal years (IFY) 2022/23 and 2023/24 (April 1-March 31).

Post increased the 2022/23 forecast for soybean planted area expansion to 43.3 million hectares (ha) and soybean production to 153 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year. However, in the southern part of the country including Rio Grande do Sul and Parana, rains will be needed in January because if continues to be dry, the crop will be negatively impacted.

U.S. agricultural exports to China in fiscal year (FY) 2022 were $36.4 billion and surpassed the previous year’s record with China as the largest export market for the second consecutive year. Significantly higher agricultural prices and resilient demand helped drive exports above the previous year’s record despite lower volumes for most products.

Post maintains the projections for 2021/22 and updates MY 2022/23 with an optimistic outlook on production resulting from good weather conditions and an improved labor situation.

Argentina continues to be the third largest producer of biotech crops, producing 14 percent of the world´s total biotech crops.

China is the world’s largest importer of genetically engineered (GE) crops and one of the largest producers of GE cotton in the world, but it has not yet approved any major GE food crops...

Negative public perceptions regarding biotechnology have influenced political will. The Mexican Supreme Court and the National Commission on Human Rights established that indigenous groups...

South China imports of U.S. soybeans continue to climb….Upcoming opportunities for U.S. exporters to meet with South China wine and beer importers, as well as wood importers…

In fiscal year (FY) 2016 (October to September) total Colombian food and agricultural imports were valued at $5.5 billion.

Taiwan imported over $3.15 billion dollars of agricultural products from the United States in 2015, roughly one billion of which consisted of genetically engineered (GE) crops...

A historic drought in Bolivia is causing water restrictions in households in the capital of La Paz and reducing grain and oilseed production output by 27 percent in 2016.