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AMIS Market Monitor

last release: July 2017

Policy Developments

  • On 12 June, several EU Agriculture Ministers expressed support for an EU Soya Declaration that encourages the adoption of a common strategy to increase the sustainable production of soybean and other legume crops, tackle protein deficit while reducing import dependence in the block. The Declaration is expected to be signed in July.
  • Effective on 1 July 2017, India raised the minimum purchase price for soybeans by 9.9 percent from INR 27 750 (USD 430) to INR 30 500 (USD 473) per tonne.