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On December 13, 2023, Chile and the European Union (EU) signed an updated Free Trade Agreement, or Advanced Framework Agreement as it is currently termed. The new agreement expands market access for Chilean products to the European market and grants expansive protections for 216 geographical indications (GIs), including many commonly used names like feta, gruyere, kölsch, and parmesan.
The combination of drought, water irrigation limitations and abnormally high temperatures during flowering and fruit-setting phases have limited the EU’s citrus production potential in MY 2023/24, which is projected to stay at similar levels as the also short MY 2022/23 crop.
The EU adopted new rules for the labeling of organic pet food in the single market. Pet food can now be labeled with the EU organic production logo if 95 percent of its agricultural ingredients are organic.
In a first of its kind, FAS New Delhi (Post) coordinated an Indian Buyers Mission to this year’s biennial ANUGA Food Fair 2023 (ANUGA) trade show (October 7-11, 2023, Cologne, Germany).
The European Commission will allocate €185.9 million (approximately $203.3 million) in 2024 for the promotion of European Union agri-food products.
On November 28, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published Order F. No: TIC-B02/3/2023-IMPORTS-FSSAI. This FSSAI order allows for the rectification of all non-compliant labels on imported food consignments at the port-of-entry.
Planting of India’s rabi season (i.e., winter sown, spring harvested) crops is progressing somewhat slower than anticipated due to relatively dry soil moisture conditions.
The EU's intricate biotechnology policy hinders research and restricts innovative tools for farmers. This results in substantial imports of genetically engineered (GE) feed and limited domestic GE crop production.
India remains undecided on genetically engineered (GE) crops and products derived from biotechnology (biotech) for food and feed use.
FAS New Delhi’s forecast for India’s soybean oilseed production for marketing year (MY) 2023/24 is revised to 12 million metric tons (MMT), slightly lower than the MY 2022/23 at 12.4 MMT which accounts for the impact of the El Nino weather pattern.
Extreme weather conditions across the EU reduced grain production projections in MY 2023/24, although production is still anticipated to exceed MY 2022/23 levels. EU grain export expectations have deteriorated based on third country competition in...
FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast.