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Post lowers marketing year (MY) 2022/2023 soy production at 20.5 million metric tons (MMT) still below the USDA official on lower than expected harvest area and yields due to drought. Post lowers MY2022/2023 crush to 26 MMT due to decreased exports and the lowest crush operation rates decades during recent months.
Post revises down MY 2023/24 soybean production to 158.5 MMT due to poor weather outlooks resulting from El Niño, particularly in the Centre West states, which may affect final yields currently projected at 3.507 kg/ha.
On December 26, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of 85 seed production and operation licenses, including 26 genetically engineered (GE) corn and soybean seed production and operation licenses.
Post expects lower yields for Romanian rapeseed in marketing year (MY) 2018/19 due to dry planting conditions, hot and dry spring weather, and heavy rains during the summer harvest season.
For 2017/18, drought impacts continue to impact oilseed commodities.
Post forecasts chicken meat production to increase by 2.3 percent in 2019 to nearly 13.9 million metric tons, boosted by a recovery in exports and increased domestic demand....
Due to the government’s efforts to protect agricultural exports to China, over facilitating the entry of new technology, only two genetically engineered events (GE) received final approval in 2017....
Pakistan continues to increase its purchasing of soybeans and imports are expected to reach a record 2 million metric tons (MMT) during 2017/18 and 2.5 MMT during 2018/19.
On July 18, 2018, Mexico’s Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Foodstuffs (SAGARPA) announced in the Mexican Federal Register (“Diario Oficial”)....
Indonesian soybean imports decreased 17 percent through April 2017/18 due to a weakening rupiah and price uncertainty over tariffs imposed by China on U.S. soybeans.
The U.S. Soybean Export Council, (USSEC) under the auspices of the Egyptian Ministry of Agriculture and Land Reclamation and the USDA Foreign Agricultural Service, organized the Fourth Regional....