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On May 24, 2022, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade issued Public Notice No. 10/2015-20 (May 24, 2022) (see, Appendix I). The public notice specifies that India is allocating a tariff-rate quota (TRQ) of 2 million metric tons (MMT) for crude soybean oil and a similar TRQ of 2 MMT for crude sunflower oil in India fiscal year (IFY) 2022/23 and in IFY 2023/24. The Indian government’s measure is meant to address the high domestic prices of edible oils, and to check rising food inflation.

On May 2, 2022, the Ministry of Consumer, Food and Public Distribution, through the Directorate General of Foreign Trade announced approval for the importation of an additional 550,000 metric tons (MT) of soybean meal (including GE derived).

Oilseed production is met with mixed expectations in 2022. Total soybean production is forecast to increase slightly due to higher planted area in marketing year (MY) 2022/23. However, the cancellation of federal commercialization support programs...

The Argentine government announced it will delay a previously planned reduction of soybean export taxes until 2018, while implementing a new plan to bolster soybean production in the northern part...

As a result of a recovery in swine production and steady growth in the poultry sector, and subsequent higher demand for industry feed and protein meal, China’s soybean imports are forecast to hit...

The Agricultural Economic Fact sheet for Angola has been updated to include calendar years 2013, 2014 and 2015. Due to the relative low oil prices Angola’s oil exports dropped by 45 percent...

The US Department of Agriculture (USDA) recently hosted five Ethiopian food companies on a two day mission to Kampala to learn from a leading Ugandan food processor about producing and marketing...

A record Brazilian soybean crop of 101 million metric tons (mmt) is forecast for the 2016/17 MarketingYear (MY) as a result of a slight increase in planted area.