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On October 17, 2023, the People’s Republic of China (PRC) National Crop Variety Registration Committee (CNCVRC) published the first-ever variety registration list for genetically modified (GM) corn and soybeans. The list includes 37 GM corn varieties...
On October 17, 2023, the Ministry of Agriculture and Rural Affairs (MARA) published the revised "Administrative Measures on Labeling Agricultural Genetically Modified Organisms (GMOs) (Draft for Comments)." Significant updates in the revised draft...
U.S. soybean meal exports set a record at an estimated 13.2 million tons in MY 2022/23 (Oct-Sep), valued at nearly $7 billion, driven by increased soybean crush to supply feedstock oil for growing U.S. biomass-based diesel production.
Pursuant to General Administration of Customs of the People’s Republic of China (GACC) Department of Animal and Plant Quarantine (DAPQ) requirements, exporters of “minor oilseeds” and/or “select oil crops” are required to register exporting facilities prior to product shipment.
Post increased its forecast for soybean planted area to 45.4 million hectares for 2022/23, up previously from 45.2 million hectares.
After slow growth during the first half of 2023, Vietnam’s economy is on a path to recovery. Post has revised Vietnam’s feed consumption forecast to 26.6 MMT in MY2022/23 matching levels in MY2021/22.
On June 14, 2023, India’s Ministry of Finance issued Public Notice No. 39/2023 - Customs that reduces the import duty on refined sunflower and soybean oils.
According to information published by the United Nations Joint Coordination Centre, as of June 20, 2023, approximately one-quarter of all grain and oilseed volumes shipped under the Black Sea Grain Initiative (BSGI) were destined for the People’s Republic of China (PRC); making it the single largest recipient of food and feed commodities.
This report presents an overview of Portugal’s soybean and products market. Soybean and soybean product imports to Portugal combined amount on average to nearly 1.4 million metric tons (MT) per year.
This report presents an overview of Spain’s soybean and products market. Imports of soybean and soybean products to Spain amount on average to nearly 6 million metric tons (MT) per year. The robust, dynamic, and export-oriented livestock sector drives the country’s feed ingredients demand.