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India’s 2025 beef production (mostly carabeef) is forecast to reach 4.64 million metric tons (MMT), up from 4.57 MMT in 2024, on steady domestic and increased export demand.
FAS Mumbai forecasts MY 2024/25 Indian raw cotton exports at 1.2 million 480 lb. bales, 55 percent lower than previous estimate, due to India lint prices trading four percent higher than global prices, prompting buyers to prefer finer quality machine-picked cotton from foreign origins.
The United Kingdom (UK) is the largest consumer of wood pellets, globally. UK wood pellet regulations have not significantly diverged from the European Union (EU) following Brexit.
The United Kingdom is still facing a cost-of-living crisis. In October 2024, businesses and consumer confidence indexes dropped to the lowest level this year as uncertainty looms with regards to the newly elected Labour administration and what they may announce in the October 30 government budget.
On September 25, 2024, India’s Ministry of Agriculture and Farmers Welfare (MoAFW) released final production estimates of major crops for Indian crop year (ICY) 2023/2024 (July-June). MoAFW estimated grain production at a record 332.3 million metric tons (MMT) due to record production of rice and wheat.
Following the departure of the United Kingdom (UK) from the European Union (EU) in 2021 there was optimism that the UK would adopt a more scientific and proportionate approach to the regulation of genetically engineered (GE) and genetic technology products.
India’s domestic apple production in marketing year (MY) 2024/2025 is forecast 6 percent higher at 2.55 million metric tons (MMT) due to favorable weather conditions in the apple growing regions.