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Japan's vegetable oil and protein feed markets are mature and stable. While surging commodity prices and the shipping crisis impacted Japan's oilseed and product imports in the past, the situation has normalized.
In MY 2021/22, the total value of Japan’s soybean imports reached a historical record while rapeseed crush hit the lowest point in 10 years as rapeseed imports from Canada declined.
On October 13, the Consumer Affairs Agency (CAA) opened a public comment period for proposed revisions to the genetically engineered (GE) labeling requirements of the Food Labeling Standards.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
In MY 2021/22, profit margins of Japanese soybean crushing surpassed those of canola crushing. Meanwhile, as hotel, restaurant, and institutional service industries (HRI) began to recover from the effects of the COVID pandemic, demand for soybean oil spiked as canola oil demand dropped with less home cooking than during the peak crisis period.
Japan’s overall oilseed consumption is forecast to remain stable in MY 2020/21 and MY 2021/22.
Japan’s overall oilseed consumption is forecast to remain stable in MY 2020/21 and MY 2021/22. Due to the COVID-19-related shift from eating out to at-home cooking, in MY 2019/20 and MY 2020/21...
MY 2021/22 Korean soybean production and consumption is projected to remain mostly unchanged from the prior year, amid stagnant domestic production and flat consumer demand...
Japan’s palm kernel shell (PKS) imports have dramatically increased since 2012, when biomass-generated power became eligible for a feed-in-tariff program (FIT).
Soybean exports to Japan will increase in MY 2019/20 and MY 2020/21 due to a favorable soybean crush margin and advance contracting by crushers.
FAS Seoul forecasts that Korean soybean production for MY 2020/21 will increase by 3 percent.
This is one in a series of reports providing concise overviews of how the U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, affects certain product groups.