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...
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)

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.
Turkey announced additional tariff reductions on lentils and eliminated tariffs on sunflower seed. According to a Presidential Decree published in the Official Gazette on November 5, 2020...
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.