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On May 24, 2022, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade issued notification No. 10/2015-20, amending its sugar export policy. The notification specifies that exports of raw, refined, and white sugar fall under the “restricted” category.
On May 24, 2022, India’s Ministry of Commerce and Industry/Directorate General of Foreign Trade issued Public Notice No. 10/2015-20 (May 24, 2022) (see, Appendix I). The public notice specifies that India is allocating a tariff-rate quota (TRQ) of 2 million metric tons (MMT) for crude soybean oil and a similar TRQ of 2 MMT for crude sunflower oil in India fiscal year (IFY) 2022/23 and in IFY 2023/24. The Indian government’s measure is meant to address the high domestic prices of edible oils, and to check rising food inflation.
Heat stress resulting from an unprecedented spike in temperatures beginning in the mid-March 2022 has had a marked impact India’s wheat crop. Yields are 10-15 percent down, driving India’s forecasted market year (MY) 2022/23 (April-March) wheat production down from 110 million metric tons (MMT) to 99 MMT.
On May 2, 2022, the Ministry of Consumer, Food and Public Distribution, through the Directorate General of Foreign Trade announced approval for the importation of an additional 550,000 metric tons (MT) of soybean meal (including GE derived).
On Friday, May 13, 2022, the Indian government announced a ban on wheat exports, effective immediately, citing the sudden spike in global wheat prices and the resulting food security risks to India.
India notified its draft Plant Quarantine (Regulation of Import into India) (Second Amendment) Order (2022), to the Sanitary-Phytosanitary (SPS) Committee of the World Trade Organization (WTO) and is inviting comments.
Through its phased-in tariff reductions, the agreement will raise challenges for U.S. products including wine and spirits, cotton, pulses and beans, forest products, and tree nuts.
This report summarizes the recent clarifications on labeling related to imported food packages.
The Indian Meteorological Department (IMD) pegs cumulative levels of rainfall from June through September 23 at 761mm, 11 percent below normal. Kharif planted area decreased marginally.
FAS Mumbai forecasts Indian 2014 wine production at a record 17.3 million liters as cooler temperatures during February and March improved grape yields and quality.
Official statistics reveal marketing year (MY) 2014/15 planted area reached a record 12.7 million hectares.
Calendar year (CY) (January-December) 2015 fluid milk production is projected to increase to 147 million metric tons (MMT).