Browse Data and Analysis

Marketing year 2023/2024 wheat production is expected to drop sharply to around three-quarters of last year’s level as a result of the June drought and excessive rains in the fall of 2023 that affected Kazakhstan’s major grain producing Northern region.

On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).

FAS Mumbai forecasts marketing year (MY) 2023/24 cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast. A strong pace of new crop arrivals during the first four months of the MY indicates a much larger crop size than previous trade estimates.

FAS New Delhi estimates India’s rapeseed-mustard production for marketing year (MY) 2023/2024 (October-September) at 11.9 million metric tons (MMT), harvested from 9.3 million hectares following favorable cold weather during the rabi crop season.

In the past decade, India has emerged as a major agricultural exporter, with exports climbing from just over $5 billion in 2003 to a record of more than $39 billion in 2013.

The Ministry of Consumer Affairs revised the raw sugar subsidy to $55.09 (INR 3,371) per metric ton (MT), which is applicable from August 1, 2014, to September 30, 2014.

Imports of livestock into India require an import license issued by the Ministry of Commerce and complying with sanitary conditions as specified in the applicable veterinary health certificate.

Due to drought and irrigation water deficit problems in the south, Post forecasts MY2014/15 wheat production at 7.15 MMT.

Little has happened in Kazakhstan over the last year with regard to of genetically engineered (GE) products.