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FAS Mumbai forecasts marketing year (MY) 2023/24 India cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast.
In October 2023, the U.S. Department of Agriculture’s Plant and Animal Health Inspection Service and the Colombian Institute for Agriculture agreed on import requirements for U.S. bovine meat and bone meal (MBM) to Colombia. Colombia’s steady economy growth, increasing production of proteins, and growing demand for high quality pet food are creating new opportunities to increase exports of MBM products to the country.
FAS Mumbai forecasts marketing year (MY) 2023/24 (October-September) India coffee production at 5.9 million 60-kilogram bags, two percent higher than the previous estimate. Dry conditions from October through December are expected to result in higher Arabica yields, with less incidence of berry droppings and damage.
While Colombia´s regulatory environment remains friendly toward the adoption of biotechnology-derived crops and products, congressional anti-biotechnology initiatives pose a threat to further acceptance, and risk undermining future investments to benefit consumers and the agricultural sector.
India’s Ministry of Heavy Industries and Ministry of Road Transport & Highways reduced the producer per-unit subsidy electric vehicles (EVs) from 40 percent to 15 percent of the manufacturer’s price.
In market year (MY) 2023/2024, Colombia's coffee production is expected to recover to 11.5 million bags green bean equivalent (GBE) given drier conditions and improved sunlight resulting from the El Niño phenomenon.
On October 18, 2023, the Ministry of Commerce and Industry and the Directorate General of Foreign Trade (DGFT) amended the export restriction on sugar beyond October 31, 2023, to an indefinite period. The export of sugar under the CXL concession...
On October 18, 2023, the Cabinet Committee on Economic Affairs (CCEA) approved an increase in in the minimum support price (MSP) for Rabi oilseed crops for marketing year 2024-25 ahead of the parliamentary election in 2024.
Adverse weather conditions and lower domestic prices will constrain Colombia's corn production in market year (MY) 2023/2024, which is estimated to remain flat at 1.5 million metric tons (MMT).
On October 17, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified Direction STD/SP-08/A1.2022/N-01-Part (1).
India: India's FSSAI Waives its Clearance Requirement for Imported Food Products Meant for Re-Export
On October 16, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) published the advisory TIC-C10201/2/2022-IMPORTS-FSSAI.
On October 27, 2023, India’s Ministry of Agriculture and Farmers Welfare (MOAFW) released Indian crop year (ICY) 2023/2024 (July-June) First Advance Estimate for the kharif (fall harvested) crop.