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On April 15, the State Council Tariff Commission (SCTC) announced another extension until November 30, 2022, for the Section 301 retaliatory tariff exclusions on 11 specific agricultural products, including shrimp for cultivation, whey for feed, fishmeal for feed, alfalfa, and six hardwood products.

Post forecast Burmese rice exports flat in April due to slow business activities during the long Burmese New Year Holiday, trade inhibiting foreign currency regulations, and high domestic prices.

Rice export prices decreased one percent due to the weakening of the Thai baht.

Australia is expected to produce another big grain crop in marketing year (MY) 2022/23 after a record setting winter crop and strong summer crop production in MY 2021/22. Another favorable set of conditions around the time of winter grain planting across most production regions of Australia bodes well for another big planted area of wheat and barley for MY 2022/23.

On April 1, Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) announced tariff-rate quota (TRQ) volumes for dairy products that will be open during Japanese Fiscal Year (JFY) 2022 (April to March). The announcement includes quotas for...

The Hong Kong government maintains a Food Incident Surveillance System (FISS) to monitor and proactively respond to foreign food incidents that could impact food products entering Hong Kong. In 2021, the CFS detected around 2,200 food incidents from the FISS.

Private sugar mill expansion and higher rainfall as a result of La Nina weather patterns are expected to increase sugarcane yields, leading to increased sugar production in 2022/23. Despite the expected increase in production, imports of raw sugar are also forecast to increase, mainly due to higher sugar demand from the growing food and beverage industry.

An increasing number of Korean customers are making values-based consumption decisions. Korean customers are willing to pay more for eco-friendly products.

This report presents regulations and standards applicable to food and agricultural imports, including changes to existing standards. In 2021, China released several regulations and standards, including the revised Administrative Measures on Import and Export Food Safety, revised Regulations on the Registration and Administration of Overseas Producers of Imported Food, regulations overseeing variety registration of major crops and the safety assessment of agriculture GMOs, and the full text of the National Food Safety Standard of Maximum Residue Limits for Pesticides in Food (GB 2763-2021).

In marketing year 2021/2022 (MY21/22 Oct - Sept) strong demand for imported coffee products is expected to increase imports to 4 million 60-kilogram (KG) bags green been equivalent (GBE), a 5 percent increase over MY20/21 imports.

FAS Rangoon (Post) forecasts Burma’s rice and corn exports larger in MY 2022/23 due to strong demand from African, EU, and ASEAN countries. Post forecasts Burma’s wheat imports down in MY 2022/23 due to low domestic demand, restrictions on buying of foreign currency, and changing import policies.

Post forecasts overall feed demand to grow in calendar years 2022/23 on par with local livestock and aquaculture production growth. Post forecasts marketing year 2022/2023 (MY 2022/23) wheat imports to decline to 3.90 million metric tons (MMT) due to the war in Ukraine causing high costs and reduced supply of wheat.