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- (-) August 2022
- (-) South Africa
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South Africa has suspended anti-dumping duties on poultry from Brazil, Denmark, Ireland, Poland, and Spain for a period of twelve months, but the duties remain in place for U.S. poultry.
South Africa’s annual consumer price index inflation rate surged to a 13-year high of 7.4 percent in June 2022, driven mainly by a rise in food and fuel prices.
Palm oil exports for 2021/22 are revised down to 25.5 million metric tons (MMT) on restrictive export policies and weaker global demand. The soybean subsidy program launched in April 2022 unexpectedly caused several importers to slowdown purchases. Feed mill demand for soybean meal continues to drive imports from South American origins.