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On June 2, 2020, the Eurasian Economic Commission (EEC) issued EEC Collegium Decision No. 71, amending its temporary ban on exports of some food products from the EAEU to exclude soybeans...
Export VAT refunds for soybeans and rapeseed have been officially reestablished for all exporters. This should foster lower soybean crush numbers for marketing year (MY) 2020/21.
MY15/16 soybean imports are forecast at 79 million tons, slightly higher than the previous year.
Post reduced its 2015/16 production forecast to 98 million metric tons (mmt). Dry and hot weather in central and northeast Brazil is having an impact in the progress of the crop.
China is the second largest market for planting seeds after the United States. It is self-sufficient in planting seeds for grains, but imports some grass, vegetable, and fruit seeds.
According to the Bank of Guatemala (BANGUAT), the food processing industry in Guatemala for year 2015, will grow 3.5 percent and will contribute 0.67 percent to the total GDP.
On December 14, Taiwan’s Legislative Yuan amended legislation to withdraw genetically engineered (GE) food products from school meals.
Italy’s biodiesel capacity stands at approximately 2 Million Metric Tons (MMT). Italian biodiesel operators include two categories: biodiesel producers and oilseed crushers.