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Since January 1, 2021, the UK has been responsible for authorizing products of genetic engineering (GE) using retained EU law. Eight GE crops are currently out for public consultation as part of the second tranche of approvals under the new UK...

FY2022 agricultural exports reach record levels.

Turkey recently announced that the tariff on imported sunflowerseed would increase from zero to 5 percent from October 27 through the end of 2022. This revision coincides with Turkey’s sunflowerseed harvest.

In MY 2022/23 Bulgaria expects to harvest a sunflower crop of 2-2.1 million metric tons (MMT), on par with the previous season. Despite optimistic expectations early in the season based on higher area planted and favorable weather, average yields have been affected by the summer drought and heat, along with higher pest infestation.

This report updates several sections of the European Union’s “Oilseeds and Products Annual” report released in April 2022. Updated sections include soybean, rapeseed, and sunflower. Increased areas of about 10 percent for all three major oilseeds but lower average yields for sunflower, and rapeseed are forecast to result in a total of about 3 percent higher production in MY 2022/23.

With favorable weather conditions and an expansion in the area harvested, Turkey’s sunflowerseed production is forecast to hit a record of 1.9 million metric tons (MMT) in marketing year (MY) 2022/23. Production of sunflower meal and oil are likewise projected at record highs.

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.

On April 20, the Government of Serbia (GoS) lifted its prohibition on the export of wheat, corn, flour, and refined sunflower oil. In its place, introduced monthly export quotas. On April 30, the GoS increased export quotas on wheat and wheat flour.

On May 19, 2022, the European Commission (EC) approved two genetically engineered (GE) crops (1 soybean and 1 corn/maize) for food and animal feed. The two authorizations were published in the European Union’s Official Journal on May 20, 2022, and they remain valid for 10 years.

MY2022/23 is characterized by a small decrease in rapeseed production and an increase in imports of soybean meal and oil. Total United Kingdom (UK) rapeseed area in MY2022/23 is forecast to increase by 17 percent with an anticipated yield of 3Mt per hectare, slightly below the Defra five-year average of 3.3Mt per hectare.

Despite increased area, oilseed production in marketing year 2022/23 is forecast to show only a small increase due to lower average yields than in the previous marketing year. Like in other sectors, the Russian invasion of Ukraine significantly impacts the oilseeds market.

The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.