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On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.
On August 24, 2021, the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry published a directive in the Gazette of India Extraordinary that will officially permit India to import 1.2 million metric tons (MMT) of soybean meal and soy cake derived from genetically engineered (GE) soybeans through October 31, 2021.
On July 30, 2021, the Food Safety and Standards Authority of India (FSSAI) published on its website the Food Safety and Standards (Food Product Standards and Food Additives) Third Amendment Regulations (2021).
Post’s sources inform that the Indian government is allowing for the import of up to 1.5 million metric tons (MMT) of foreign-origin soybean meal (including that derived from GE-soybeans) at a 16.5 percent basic customs duty.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds.
Bulgarian rapeseed production is forecast to rebound in MY 2021/22. As of mid-July, the rapeseed harvest was 46 percent complete with reported yields exceeding earlier estimates and production projected to reach up to 360,000 MT.
Bulgarian oilseed prospects for MY 2020/21 remain unclear. The rapeseed crop may hit an all-time low, although Bulgarian sunflower production is expected to surpass last year.
For 2020/21 oilseeds will remain a top choice for Ukrainian farmers due to higher profitability compared to grains.
Oilseed production is expected to have a mixed outlook in 2020. Soybean production is forecast basically unchanged at 250,000 metric tons (MT), as the cancellation of federal commercialization...
Post projects a decline of 500,000 hectares in soybean planted area and production of 51 million tons for marketing year 2020/2021 on higher export taxes for soybeans and products.
Taiwan’s soybean imports are projected to fall to 2.45 million metric tons in marketing year 2019/2020 due to slowing demand in both food and feed use driven by the ongoing novel coronavirus pandemic.