In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
Attaché Report (GAIN)

Russia: Oilseeds and Products Annual

A package of export restricting measures aimed at the oilseeds market is expected to dampen the trend of increasing oilseed production in Russia.
The Russian Federation recently extended the waiver on a previously established ban of imports of some GE soybeans and soybean meal without state registration to January 1, 2022.
On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans.
Attaché Report (GAIN)

India: Oilseeds and Products Update

FAS New Delhi's soybean production forecast for marketing year (MY) 2020/2021 (October-September) remains unchanged at 10 million metric tons (MMT), but on 12 million hectares against previous...
Attaché Report (GAIN)

Brazil: Brazil Allows Imported Soy in Biodiesel Production

On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.
Attaché Report (GAIN)

Bulgaria: Oilseeds and Products Update

Following the conclusion of Bulgaria’s MY 2020/21 sunflower harvest in late October, the Ministry of Agriculture (MinAg) reported lower than expected yields and production.
Brazil's Agriculture Ministry (MAPA) issued a normative instruction meant to facilitate imports of genetically modified (GMO) corn and soybeans from the United States.
On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans.
Attaché Report (GAIN)

China: Oilseeds and Products Update

China’s soybean imports are forecast to fall to 95 million metric tons (MMT) in marketing year (MY) 20/21 due to excessive beginning stocks following a buying spree in MY19/20.