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On December 10, 2021, the Government of Kenya announced it would grant exemptions to tariffs on non-genetically-modified (GM) feed ingredients in response to rising feed costs.
On December 6, 2021, China’s National Crop Variety Registration Committee (NCVRC) published its National Registration Standards for Genetically Engineered Soybean Varieties and National Registration Standards for Genetically Engineered Corn Varieties...
India’s soybean production estimate for marketing year (2020/2021 is revised upward to 11.8 million metric tons on account of higher acreage and better than expected yields.
Indonesia extended its B30 mandate, which requires biodiesel to contain 30 percent palm oil-based fuel, to 2022. Palm oil exports for 2021/22 are forecast to increase 13 percent and soybean meal imports are estimated higher than previously expected.
Japan invites public comments on the newly developed Japanese Agricultural Standards (JAS) for textured soy protein products. Textured Soy Protein Products include soy meat (soybean-based alternative meat products with no animal-derived ingredients)...
FY2021 agricultural exports reach record levels.
Damage to port facilities in New Orleans during Hurricane Ida caused significant delays to shipments of U.S. feed grains to Costa Rica, where the poultry, pork, and dairy sectors rely almost exclusively on U.S. suppliers.
FAS Sofia adjusts upwards Bulgarian rapeseed production in marketing (MY) 2021/22 to 376,000 metric tons (MT), 35 percent higher than in the previous season, as per the final harvest results.
China’s soybean imports in marketing year (MY) 20/21 hit a record 99.8 million metric tons (MMT) on high feed demand in the swine and poultry sectors.
Post increased its forecast for soybean planted area to 40.5 million hectares for 2021/22, up from 39 million hectares in 2020/21.
On October 1, 2021, Mexico published a tariff rate quota (TRQ) applicable to soybean imports from all trading partners, which took effect immediately and will be in force through December 31, 2021.
Post lowers its MY 2021/22 projected planted area for soybeans to 17.0 million hectares. This reduction of 500,000 hectares will translate to total projected production of 49.7 million metric tons, 2.3 million metric tons below the USDA Official estimate.