On February 12, 2022, India’s Ministry of Finance notified that it is removing the 10 percent Agriculture Infrastructure Development Cess/tax (AIDC) on imports of lentils (HS 0713 40 00) with effect from February 13, 2022, through September 30, 2022.
Attaché Report (GAIN)

Poland: Polish Farmers Plow on to the Streets

On February 9, 2022, the AGROUnia farmers association and its members protested in 50 cities across Poland and called for government action to support farmers. AGROUnia may organize additional protests in Warsaw if their demands are not met.
Attaché Report (GAIN)

Pakistan: Oilseeds and Products Update

Only limited growth in soybean and vegetable oil imports is forecast for 2021/22. Rising prices and changes in taxation policies are hindering demand for meal from the poultry sector and capping growth in edible oil demand.
From October 28-December 31, 2021, FAS New Delhi (Post) organized an 8-week, “Taste of America Food Festival” with Indian retailer, Nature’s Basket. The promotion focused on gourmet U.S. food and beverage products in 36 Nature’s Basket stores throughout India.
Retail chains operating in Poland have adapted the Polish Parliament’s regulations reducing the Value Added Tax (VAT) on food. Beginning February 1, 2022, the Polish Parliament implemented a zero VAT rate for all foodstuffs that had previously been...
Since January 2021, the Indian government has agreed, in principle, to install or upgrade nearly 200 grain-based ethanol production facilities. Cumulatively, these projects would potentially contribute an additional 8.59 billion liters in ethanol capacity per year, supporting India’s blending mandates while simultaneously diversifying its biofuel feedstocks.
Attaché Report (GAIN)

India: Cotton and Products Update - January 2022

FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 27.4 million 480 lb. bales on an area of 12.1 million hectares. Farmers continue to limit market arrivals due to rising seed cotton prices, increasing input costs for textile value chains.
Attaché Report (GAIN)

Bangladesh: Grain and Feed Update

Post forecasts a slight increase in rice production and prices continue to rise, but the government continues to import rice to make it affordable. Wheat a flour prices are also trending upward.