Browse Data and Analysis

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.

The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.

Tunisian MY 2023/24 soybean imports are expected to reach 540,000 MT, compared to 510,000 MT in MY 2022/23. Tunisian olive oil exports are forecast to reach 200,000 MT in MY 2023/24, compared to 155,000 MT in MY 2022/23.

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

Tunisian MY 2022/23 soybean imports are expected to reach 560,000 MT, compared to 555,000 MT in MY 2021/22. Tunisian olive oil exports are forecast to reach 135,000 MT in MY 2022/23, compared to 200,000 MT in MY 2021/22.

A package of export restricting measures aimed at the oilseeds market is expected to dampen the trend of increasing oilseed production in Russia.

The Russian Federation recently extended the waiver on a previously established ban of imports of some GE soybeans and soybean meal without state registration to January 1, 2022.

Post forecasts Tunisia’s MY 2021/22 soybean imports to reach 640,000 MT, compared to 615,000 MT in MY 2020/21...

On June 2, 2020, the Eurasian Economic Commission (EEC) issued EEC Collegium Decision No. 71, amending its temporary ban on exports of some food products from the EAEU to exclude soybeans...

On April 29, 2020, the Russian Ministry of Agriculture provided explanations to the industry and related associations on imports of genetically engineered (GE) soybeans and soybean meal...

On April 16, 2020, the government of the Russian Federation signed Decree # 520, which says that for the period April 20, 2020 through January 1, 2021, imports of genetically engineered soybeans...

In MY 2020/21, the oilseed segment of the Russian agricultural sector will see continued growth in production of sunflower seeds, in particular, as well as soybeans.