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Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for eight agricultural chemicals (Acynonapyr, Fenarimol, Fenpyrazamine, Flonicamid, Fluxametamide, Glufosinate, Penthiopyrad, and Trifloxystrobin) for various agricultural commodities.
On June 7, 2022, PRC departments, including the Ministry of Ecology and Environment, the National Development and Reform Commission, and the Ministry of Agriculture and Rural Affairs jointly issued the “National Strategy on Climate Change Adaptation 2035,” outlining broad plans for climate change adaptation through 2035.
On June 3, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would maintain the tariff-rate quota volumes for butter at 7,600 MT and non-fat dry milk (NFDM) at 750 MT for Japanese fiscal year (JFY) 2022, in line with its...
On June 7, 2022, the China National Intellectual Property Administration (CNIPA) issued the “Measures for the Administration and Protection of Collective Marks and Certification Marks (Draft for Comments)” (hereafter referred as the “Measures”) for public comments.
Recently, the New Zealand Primary Sector Climate Action Partnership – He Waka Eke Noa (HWEN) – delivered their recommendations on an alternative agricultural emissions solution to the NZ Emissions Trading Scheme (ETS). In its report, HWEN outlined various recommendations which center around a farm-level split gas levy on emissions.
Rice export prices increased 2 percent despite the weakening of the Thai baht.
On June 28, 2022, the State Council Tariff Commission (SCTC) extended the Section 301 retaliatory tariff exclusion period for sorbitol and other select non-agricultural U.S. commodities. The exclusion was set to expire on June 30 but has now been extended until February 15, 2023.
On June 29, 2022, the General Administration of Customs of the People’s Republic of China (GACC) released Announcement No. 53 of 2022 titled “Implementation of Conditional Retrieval Facilitation Measures for Imported Seed.”
Soybean imports for marketing year (MY) 21/22 are revised downward to 94 million metric tons (MMT) due to slower economic growth, high prices, and COVID-related restrictions depressing meal and vegetable oil consumption. Soybean production for MY 22/23 is forecast higher at 18.4 MMT on expanded planted area supported by high prices and government incentives.
Post revises China's Marketing Year (MY) 2022/23 feed demand upward by 4.5 million metric tons (MMT) based on recovering demand for hog feed. Rice substitution for corn in feed rations may play a more significant role because of price advantages over corn and other corn substitutes. Post adjusts wheat production in MY2022/23 upward by 2 MMT to 135 MMT based on improved growing conditions.
According to the Department of Statistics, Malaysia’s food and beverage sales contributed 11.8 percent ($1.7 billion) to total wholesale sales value of $14 billion for January-April 2022, with a growth of 11.5 percent over the same period last year. The country’s food retailers continue to rapidly develop, and premium grocery stores and convenience outlets are increasingly popular.
The easing of pandemic mobility restrictions and the recent national elections boosted food and beverage retail sales. Though the sector failed to sustain growth last year, key retail companies remain confident about growing the market in 2022.