In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
Attaché Report (GAIN)

Russia: Oilseeds and Products Annual

A package of export restricting measures aimed at the oilseeds market is expected to dampen the trend of increasing oilseed production in Russia.
Attaché Report (GAIN)

Nigeria: Oilseeds and Products Annual

Nigeria’s oil palm sector contributes to economic development at all levels – national and state. Currently, the country's demand for palm oil outweighs its supply.
The Russian Federation recently extended the waiver on a previously established ban of imports of some GE soybeans and soybean meal without state registration to January 1, 2022.
On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans.
Attaché Report (GAIN)

India: Oilseeds and Products Update

FAS New Delhi's soybean production forecast for marketing year (MY) 2020/2021 (October-September) remains unchanged at 10 million metric tons (MMT), but on 12 million hectares against previous...
Attaché Report (GAIN)

Brazil: Brazil Allows Imported Soy in Biodiesel Production

On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.
Attaché Report (GAIN)

Bulgaria: Oilseeds and Products Update

Following the conclusion of Bulgaria’s MY 2020/21 sunflower harvest in late October, the Ministry of Agriculture (MinAg) reported lower than expected yields and production.
Brazil's Agriculture Ministry (MAPA) issued a normative instruction meant to facilitate imports of genetically modified (GMO) corn and soybeans from the United States.
Turkey announced additional tariff reductions on lentils and eliminated tariffs on sunflower seed. According to a Presidential Decree published in the Official Gazette on November 5, 2020...
On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans.
Attaché Report (GAIN)

China: Oilseeds and Products Update

China’s soybean imports are forecast to fall to 95 million metric tons (MMT) in marketing year (MY) 20/21 due to excessive beginning stocks following a buying spree in MY19/20.