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On August 17, 2021, the European Commission (EC) approved seven genetically engineered (GE) crops (3 corn, 2 soybean, 1 rapeseed, and 1 cotton) and renewed the authorizations for two corn and one rapeseed crop used for food and animal feed.

On August 24, 2021, the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry published a directive in the Gazette of India Extraordinary that will officially permit India to import 1.2 million metric tons (MMT) of soybean meal and soy cake derived from genetically engineered (GE) soybeans through October 31, 2021.

Post’s sources inform that the Indian government is allowing for the import of up to 1.5 million metric tons (MMT) of foreign-origin soybean meal (including that derived from GE-soybeans) at a 16.5 percent basic customs duty.

Assuming normal weather conditions through harvest (February through March), India is expected to produce an estimated 8.2 million metric tons of rapeseed and mustard...

South Africa is continuing to experiencing a positive trend in the area planted with summer rainfall field crops during the past two decades.

To stabilize rising soybean prices the Ministry of Agriculture (MOA) has put forth a three-phase plan that includes: “market operations” whereby importers would be required to sell soybeans...