Browse Data and Analysis

Despite ongoing avian influenza outbreaks and increasing competition from imports, strong internal EU demand will drive chicken meat production in 2024.

On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).

FAS Mumbai forecasts marketing year (MY) 2023/24 cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast. A strong pace of new crop arrivals during the first four months of the MY indicates a much larger crop size than previous trade estimates.

On January 26, 2024, the European Commission approved two genetically engineered crops (1 maize and 1 rapeseed) for food and animal feed. The two authorizations were published in the European Union’s Official Journal on January 30, 2024, and they remain valid for 10 years.

EU organic sales decreased slightly in 2022, but rebounded in 2023 due to recovering economic conditions.

FAS New Delhi estimates India’s rapeseed-mustard production for marketing year (MY) 2023/2024 (October-September) at 11.9 million metric tons (MMT), harvested from 9.3 million hectares following favorable cold weather during the rabi crop season.