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On November 18, 2020, the Egyptian Cabinet approved a draft bill that exempts importers of key commodities from paying value-added tax (VAT) on shipping costs.
Attaché Report (GAIN)

Pakistan: Oilseeds and Products Update

Pakistan’s Marketing Year (MY) October/September) 2019/20 soybean imports reached 1.7 million metric tons (MMT), 15 percent lower than the last year.
Attaché Report (GAIN)

Indonesia: Oilseeds and Products Update

Weaker demand due to COVID-19 has reduced palm oil exports by 2 million tons.
On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans.
Attaché Report (GAIN)

India: Oilseeds and Products Update

FAS New Delhi's soybean production forecast for marketing year (MY) 2020/2021 (October-September) remains unchanged at 10 million metric tons (MMT), but on 12 million hectares against previous...
Attaché Report (GAIN)

Brazil: Brazil Allows Imported Soy in Biodiesel Production

On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.
Attaché Report (GAIN)

Bulgaria: Oilseeds and Products Update

Following the conclusion of Bulgaria’s MY 2020/21 sunflower harvest in late October, the Ministry of Agriculture (MinAg) reported lower than expected yields and production.
Brazil's Agriculture Ministry (MAPA) issued a normative instruction meant to facilitate imports of genetically modified (GMO) corn and soybeans from the United States.
On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans.
Attaché Report (GAIN)

China: Oilseeds and Products Update

China’s soybean imports are forecast to fall to 95 million metric tons (MMT) in marketing year (MY) 20/21 due to excessive beginning stocks following a buying spree in MY19/20.
Attaché Report (GAIN)

Kazakhstan: Grain and Feed Update

This report contains FAS Nur-Sultan’s revised production forecasts for MY2020/21 as well as trade estimates for MY2019/20.
Attaché Report (GAIN)

Brazil: Brazil Eliminates Soybean and Corn Import Duties

On October 16, Brazil announced that it would suspend the import tariffs on corn, soybeans, soy meal, and soy oil from countries outside the Mercosur trade bloc.