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Attacks by Houthi rebels in Yemen on commercial vessels have resulted in many shipping companies rerouting away from two of the world's busiest shipping routes — the Red Sea and Suez Canal.

On February 29, 2024, India's Ministry of Agriculture and Farmers Welfare (MoAFW) released its Indian crop year (ICY) 2023/2024 (July-June) Second Advance Estimate. The MoAFW is forecasting grain production (excluding the summer crop) lower at 309.3 million metric tons (MMT) compared to 313.6 MMT last year on expected lower production of rice, corn, and other coarse grains, while wheat and barley production is forecast higher at new record levels.

Due to rising insecurity in grain producing regions and higher input costs affecting planting decisions, corn and rice production is expected to decline in marketing year (MY) 2024/25.

FAS New Delhi (Post) forecasts India's market year (MY) 2024 (January-December) cattle herd at 307.42 million head, up marginally from 307.4 million head in 2023. A gradual pace of growth is likely to persist in the short- to medium-term.

On February 19, 2024, India's Ministry of Finance (MoF)/Department of Revenue issued Notification No. 10/2024-Customs in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) (official gazette), lowering import duties levied on frozen turkey (meat) and edible offal, cranberries, and blueberries.

In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.

On February 3, the Chinese Communist Party (CCP) Central Committee and the State Council unveiled the 2024 No. 1 Document that sets policy guidelines for agriculture and rural development for the year. The document makes clear that food security...

This report analyzes all vegetable oil markets in Korea, whether for food or industrial use, and covers oils derived from soybean, palm, palm kernel, olive, rapeseed/canola, grapeseed, sunflower seed, corn, coconut, sesame, perilla seed (a leafy plant from the mint family), and rice bran.

Australia’s food, beverage, and grocery sectors, contribute to a third of all business activity in the manufacturing landscape.

In 2023, Ukraine's cattle inventory and beef production remained on a three-decade-long downward trend. The decrease in consumer numbers and comparatively high beef prices resulted in a domestic consumption drop and increased exports of both live cattle for slaughter and beef.

Tunisian MY 2024/25 soybean imports are expected to reach 555,000 MT, compared to 550,000 MT in MY 2023/24 as demand for animal feed increases slightly.

Brazil is the second-largest chicken meat producer in the world after the United States, and the largest chicken meat exporter in the world.