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- (-) December 2021
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From January 1, 2021, the UK has been responsible for authorizing products of genetic engineering (GE) using retained EU law. Nine GE crops are currently out for public consultation as part of the new UK approval process, with a similar number still pending.
Brazil’s economy was forecasted to suffer a sharp drop in 2020; however, the decline was far less than expected. Gross Domestic Product (GDP) declined 4.1 percent, reaching $1.4 trillion.
UK inflation is at a ten-year high with household gas and electric bills increasing 28.1 and 18.8 percent over the past year, respectively. Retail food prices reached a 14-month high with annual grocery price inflation reaching 2.1 percent.
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) opened a public comment period for 28 proposed geographical indications (GIs) for food products from the United Kingdom.
The Brazilian orange crop for Marketing Year (MY) 2021/22 is forecast at 405 million 40.8-kg boxes (MBx), equal to 16.52 million metric tons (MMT), an increase of 12 percent relative to the current season.
Post forecasts 2021/22 planted cotton area at 1.52 million hectares (ha), with production at 12.6 million bales (2.74 million metric tons – MMT), more than a 10 percent greater than the 2020/21 estimated production of 10.68 million bales (2.33 MMT).
Brazil is the second-largest producer of biotech crops in the world with 115 events approved. Post forecasts the total area planted to GE crops reached over 56 million hectares during the recently completed crop year of 2020/2021. Adoption rates for...
Five months into MY2021/22 the situation and outlook for the UK grain sector is starting to become clearer. Total feed grain consumption is forecast to decline year-on-year, mainly due to reduced demand from compounders. Supply chain challenges and...