Attaché Report (GAIN)

Indonesia: Oilseeds and Products Update

The Ministry of Agriculture (MOA) has issued a new regulation requiring Import Recommendations for soybeans, however implementation may depend on corresponding regulations from the Ministry of Trade (MOT).
On June 29, 2021, the Food Safety and Standards Authority of India (FSSAI) published a new directive changing the nomenclature ‘‘Blended Edible Vegetable Oil” or “Multi Source Edible Vegetable Oil” now to simply “Multi Source Edible Oil.”
Attaché Report (GAIN)

Argentina: Oilseeds and Products Update

With the MY 2020/2021 harvest season almost complete, Post lowers its soybean production estimate 500,000 tons, to 44.5 million metric tons (MMT), 2.5 MMT below USDA Official.
Attaché Report (GAIN)

China: Oilseeds and Products Update

FAS China forecasts soybean production to fall to 17.5 million metric tons (MMT) in marketing year (MY) 21/22 from an estimated 18.5 MMT the previous year due to a shift in planted area to corn production. With domestic corn prices currently near a...
Timely spring rains and mild temperatures have contributed to improve yields expectations after a rather dry winter.
Attaché Report (GAIN)

China: Oilseeds and Products Update

China’s MY16/17 soybean production is forecast to recover to 12.5 million metric tons (MMT) from the 11.6 MMT in the previous year, compared to the USDA official data of 11.8 MMT.