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On December 25, 2020, the Government of Morocco extended the suspension of import duties on common wheat and products (1001.99.00.19 and 1001.99.00.90) until May 31, 2021.
There were no substantial alterations on the regulatory framework for agricultural goods in 2020 except for the review of nutritional labeling by the National Agency of Sanitary Surveillance...
During 2019, the first year of President Bolsonaro's administration, Brazil registered some positive results.
On January 1, 2021, the Government of Morocco (GOM) published Circular # 6125/222, announcing the required tariff changes under the U.S.-Morocco Free Trade Agreement (FTA) for Calendar Year 2021.
On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
Post maintains its 2020/21 forecast for soybean planted area expansion at 38.5 million hectares (ha) and soybean production at 131.5 million metric tons (MMT).