Browse Data and Analysis

Australian oilseed production, dominated by canola, is expected to be strong again in marketing year (MY) 2022/23, after big crops in MY 2021/22. Canola production is forecast in MY 2022/23 at 4.7 million metric tons (MMT), down from the record-busting crop estimated at 6.35 MMT in MY 2021/22, but if realized would still be the second largest crop in history.

Australia and India have signed a new trade agreement, the Australia-India Economic Cooperation and Trade Agreement (AI ECTA). More than 85 per cent of Australian goods exports will have tariffs eliminated.

On April 1, 2022, processed food manufactures in Japan must be in compliance with new country of origin labeling (COOL) requirements. The new rule requires Japanese food manufacturers to identify on the label of the product the country(ies) where the main ingredient, by weight, was harvested or produced.

On March 28, the General Administration of Customs of the People's Republic of China (GACC) published a Pine Wood Nematode (PWN) Port Quarantine Guidelines policy interpretation document. The document provides additional information on the implementation of GACC Announcement No. 110 of 2021, titled Phytosanitary Requirements for Pine Wood from Countries with Pine Wood Nematode Presence.

Rice export prices decreased 4-5 percent due to the weakening of the Thai baht.

As Vietnam looks to rebound from the COVID-19 pandemic through economic recovery packages and loosening of restrictions, total animal feed demand is forecast to increase to meet animal production demands.

Cotton production in Australia is primed to set a new record of 6 million bales in MY 2022/23, after a bumper harvest estimate of 5.5 million bales in MY 2021/22. This forecast is due to the strong prospect of increased irrigation water availability at the start of planting in October 2022 along with current high cotton prices and strong futures prices.

The Indonesian Agricultural Quarantine Agency (IAQA) has updated the Fresh Food of Plant Origin (FFPO) requirements under its Prior Notice system. This report details the updated requirements, which will enter into force on May 10, 2022.

In 2016, USDA’s Animal and Plant Health Inspection Service (APHIS) and the Philippine Department of Agriculture, Bureau of Animal Industry (DA-BAI) agreed on a county-based format for managing trade restrictions due to detections of Highly Pathogenic Avian Influenza (HPAI) in the United States.

Indonesia currently imports 60 percent of the raw materials needed for its growing food processing industry. In 2021, exports of U.S. agricultural products to Indonesia increased by nine percent largely due to higher demand for soybean, beef, and corn.

Most raw materials for food processing are imported into Singapore due to its limited land, natural resources, livestock, and agricultural production. Singapore imported $680 million of U.S. processed food products in 2021.

The Malaysian food manufacturing and processing industry is an important component of the country’s economic recovery and growth.