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India has extended the policy of unrestricted imports of yellow peas at zero duty until March 31, 2026. On May 30, 2025, the Ministry of Finance (MoF) issued a custom notification continuing the import duty exemption on yellow peas through March 31, 2026.
Thai rice exports declined amid rising global supply and lower imports by major buyers. While fragrant rice prices saw a slight rise, prices for most other grades fell.
India presents both significant opportunities and notable challenges for U.S. food and beverage exports. As the world’s fastest-growing major economy and currently the fifth largest globally, India is projected to rise to third place by 2028.
Thailand offers strong potential for U.S. agricultural exports, which reached $1.4 billion in 2024. The United States ranked as Thailand’s 9th largest supplier of consumer-oriented products, with $429 million in exports.
Post estimates India’s ethanol production in calendar year (CY) 2025 to reach 10.5 billion liters (BL), marking a 46 percent increase over 2024 due to improved feedstock availability and favorable monsoon conditions.
On May 27, 2025, the Indian Metrological Department forecast an above-normal precipitation in the upcoming 2025 monsoon in most parts of the country.
On May 30, 2025, India reduced its import duty on crude soybean, sunflower, and palm oil from 20 percent to 10 percent, lowering the effective duty to 16.5 percent.
India published guidelines for accepting recycled Polyethylene Terephthalate (rPET) as a food contact material. These guidelines are in alignment with its recently published measure that aims to enhance food safety standards by allowing the use of rPET for food packing, storage, and distribution.
On April 15, the Indian Meteorological Department (IMD) forecasted a 59 percent chance of an above-normal 2025 southwest monsoon, and an onset date of May 27, five days ahead of typical June 1 onset.
Thai rice export prices are trending up, with the premium grades, such as Hom Mali rice, showing the most significant increase.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
Thailand’s Department of Fisheries (DOF) has established procedures to certify aquatic animals developed through genome editing technology for domestic research and development, production, and/or distribution.