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- (-) December 2022
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Mexico has not officially reported any approvals for genetically engineered (GE) agricultural products for food and feed use since May 2018. Additionally, Mexico has not approved any permit applications for cultivation of GE crop (cotton and alfalfa)...
India’s soybean, peanut, and sunflowerseed production for marketing year (MY) 2022/23 (October-September) is estimated at 11.1 million metric tons (MMT), 6.65 MMT, and 200,000 metric tons, respectively, reflecting heavy late season rainfall in September and October that impacted yields and crop quality.
On larger than expected production loss related Indonesia’s palm oil export ban policy, Post revises down Indonesia palm oil production to 44.7 million ton (MMT) for 2022/23 and updates 2021/22 production to 43.2 MMT. Soybean imports for 2022/23 are forecast at 2.6 MMT on continued demand from tofu and tempeh producers.
Due to uncertainty regarding policy on imported soybeans, the 2022/23 soybean import forecast is reduced from 2.5 to 2.2 million tons. Due to the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly. Reflecting continued decline in consumer purchasing power due to record level inflation, the forecast for 2022/23 palm oil imports is also reduced.
On August 7, 2014, Taiwan’s Agriculture and Food Agency (AFA) of Council of Agriculture (COA) began screening for genetically engineered (GE) materials in organic soybeans.
The 2014/15 soybean production forecast is maintained at 94 million metric tons (MT) despite slow pace of plantings in Mato Grosso.
Market demand, consumption and trade in legumes in Bulgaria are increasing. The market is diversifying and demand for higher quality product grows.
The Dutch feed sector announced a two-track sourcing policy in 2015, by which a third of the market will be supplied with RTRS soy and two-thirds of the market by alternative sustainability programs.
2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging.
Post’s September forecast for MY14/15 total oilseed production is 55.8 million tons, down by 5 percent from an estimated 58.7 million tons in MY13/14.
Ambassador Kennedy Visits the Kikkoman Museum and Imperial Soy Sauce Brewery; High Oleic Soy Oil Debuts in Japan; U.S. Pavilion at Kuze Tradeshow Highlights U.S. Foods; American BBQ TV Filming Event
A record Brazilian soybean crop of 94 million metric tons (mmt) is forecast for the 2014/15 marketing year (MY) as a result of increased planted area.