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Japan's vegetable oil and protein feed markets are mature and stable. While surging commodity prices and the shipping crisis impacted Japan's oilseed and product imports in the past, the situation has normalized.

On September 19, 2024, the Ministry of Agriculture, Forestry and Fisheries (MAFF) of the Government of Japan (GOJ) announced the exemption of domestic field trial requirements for genetically engineered (GE) soybean with familiar trait.

While the United States holds a 5-year average of less than 1 percent market share ($20.7 million in 2023 exports), Senegal has a growing food manufacturing industry that seeks cost-competitive ingredients and is expanding its exports to neighboring countries.

On Monday, June 24, 2024, the Ministry of Agriculture, Forestry and Fisheries (MAFF) of the Government of Japan (GOJ) opened a public comment period for its revision for domestic field trial requirements of genetically engineered (GE) crops.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

In relation to persistent rising food prices, Japan has seen a decline in overall vegetable oil consumption. Due to the more favorable crush margin for canola compared to soybeans, FAS/Tokyo forecasts a reduction in soybean imports and crush, while seeing an increase in rapeseed imports and crush for both MY 2023/24 and MY 2024/25.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

In MY 2021/22, the total value of Japan’s soybean imports reached a historical record while rapeseed crush hit the lowest point in 10 years as rapeseed imports from Canada declined.

FY2022 agricultural exports reach record levels.

Senegal Marketing Year (MY) 2022/23 area and production levels are forecast to increase 1.6 percent and 7 percent at 1.23 million hectares (Mha) and 1.8 million tons (Mt), respectively, on expectations of a good farm gate price, typical weather conditions, and appropriate use of fertilizer. Post forecasts MY 2022/23 exports at 460,000 tons, increasing 15 percent compared to the previous year based on available supply and higher demand.

On October 13, the Consumer Affairs Agency (CAA) opened a public comment period for proposed revisions to the genetically engineered (GE) labeling requirements of the Food Labeling Standards.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.