Markets and Trade

Commodity policy developments

Area
Commodity
Policy Category
From month
From year
To month
To year

Area
Commodity Group
Commodity
Date
Policy Category
Policy Instrument
Description
China (Mainland)
Oilseeds, oils and meals
Soybean
2023.10
Other
GMO policy
Preliminarily approved 14 new genetically modified (GM) soybean seed varieties for planting.
China (Mainland)
Oilseeds, oils and meals
Rapeseed
2023.10
Trade
GMO policy
Approved a GM rapeseed for import, effective from 28 September 2023 to 27 September 2028. [...]
China (Mainland)
Oilseeds, oils and meals
Oilseeds
2023.10
Trade
Bilateral trade initiative
Signed an agreement with the Russian Federation, which will supply 70 million tonnes of grains [...]
European Union
Oilseeds, oils and meals
Oilseeds
2023.10
Production
Sector development measures
Under the Temporary Crisis and Transition Framework of the European Union, approved an approximately EUR [...]
India
Oilseeds, oils and meals
Rapeseed
2023.10
Production
Production support
Raised the minimum support prices for Rabi crops, including rapeseed, for the 2024/25 season.
Indonesia
Oilseeds, oils and meals
Palm oil
2023.10
Trade
Export policy
Lowered the reference price for CPO to USD 740.67 per tonne from USD 827.37 per [...]
Indonesia
Oilseeds, oils and meals
Palm oil
2023.10
Other
Market regulation
Launched CPO futures exchange on 13 October 2023. The trading on CPO futures commenced on [...]
Malaysia
Oilseeds, oils and meals
Palm oil
2023.10
Trade
Export policy
Maintained its CPO export rate for November 2023 at the maximum level of 8 percent, [...]
Morocco
Oilseeds, oils and meals
Olive, olive oil
2023.10
Trade
Export policy
Included olives and olive oils in the list of goods with quantity restrictions, effectively limiting [...]
Pakistan
Oilseeds, oils and meals
Soybean
2023.10
Trade
GMO policy
Released import cargoes of soybeans that had been stuck in the port since October 2022, [...]

Disclaimer: The policy records included in the tool are based on publicly available information from both official and private sources. While efforts have been made to verify its content, FAO does not guarantee the full accuracy or comprehensiveness of the information and recommends to consult / refer to other FAO publications reporting policy developments, especially the Oilcrops Monthly Price and Policy Update, the Monthly News Report on Grains and the FAO Rice Market Monitor. The frequency of updates may differ across commodities.