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On May 22, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified on its website Direction REG-11027/3/2022-Regulation-FSSAI. The FSSAI direction informs that the draft Food Safety and Standards (Food for Infant Nutrition) Regulations (2022) are being re-operationalized.

The European Commission published Delegated Act 2023/905 in the Official Journal on May 4, 2023. This Act addresses the rules under Article 118 of the EU Veterinary Medicinal Products Regulation 2019/6 for the use of certain antimicrobial medicinal products in animals or products of animal origin exported from third countries to the European Union.

This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

This report presents an overview of Spain’s soybean and products market. Imports of soybean and soybean products to Spain amount on average to nearly 6 million metric tons (MT) per year. The robust, dynamic, and export-oriented livestock sector drives the country’s feed ingredients demand.

On February 20, 2023, Sri Lanka’s Minister of Finance, Economic Stabilization and National Policies issued an Extraordinary Gazette Notification, introducing a Special Commodity Levy on imported fresh eggs of fowls of the species Gallus domesticus,

Post forecasts the Brazilian coffee production for Marketing Year 2023/24 (July-June) at 66.4 million 60-kg bags, an increase of 3.8 million bags compared to the previous crop. Post forecasts arabica production at 44.7 million bags, an increase of 12 percent from the previous season due to favorable weather conditions in growing regions.

Thailand is likely to lower biofuel consumption targets in the new AEDP 2022 due to expected lower fuel demand after 2027. The Thai government anticipates more electric vehicles on the road and increased rapid mass transit system, as well as double-track railway routes.

On March 15, 2022, the People’s Republic of China (PRC) State Administration for Market Regulation and National Standardization Committee released National Food Safety Standard for Drinking Water Quality (GB5749-2022), which entered into force on April 1, 2023.

On May 30, 2023, the State Council Tariff Commission (SCTC) announced another extension to Section 301 retaliatory tariff exclusions on 12 agricultural products, including shrimp for cultivation, whey for feed, fishmeal for feed, alfalfa and seven hardwood products through December 31, 2023.

On June 2, 2023, China notified to the World Trade Organization (WTO) under G/SPS/N/CHN/1278/Add.1 the amended Entry and Exit Inspection and Quarantine Phytosanitary Certificate for Re-Export of China.

Spanish cattle production may continue to decrease in 2023 due to high production costs, expected reduction of Spanish live cattle exports to non-EU markets, and the severe drought experienced in Spain since fall 2022 that has impacted cattle feed.

Although Australia is experiencing rising inflation, supermarket and grocery store incomes are benefitting by largely passing the price increases on to customers. Profit margins in supermarkets and grocery stores rose by 4.2 percent in 2022.