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The economy of People’s Republic of China (PRC) is facing headwinds for the remainder of 2023 that should continue into 2024 even though officials are exploring various stimulus efforts.
FAS/Tokyo forecasts a drop in 2024 cattle inventory on greater slaughtering of dairy cows, slower calf production, and no live cattle imports in 2023 and 2024.
Export prices decreased 1-2 percent due to the Thai baht hitting the lowest point in a month.
The total cherry production forecast in Türkiye in Marketing Year (MY) 2023/24 is 900,000 metric tons (MT), which is 8 percent higher than MY 2022/23, due to favorable weather and soil conditions.
Chilean cherry area planted reached 61,599 hectares (ha) in marketing year (MY) 2022/23. Post projects that MY 2023/24 cherry production will reach 500,000 metric tons (MT), which represents a 6.6 percent increase over MY 2022/23.
The Democratic Socialist Republic of Sri Lanka (Sri Lanka) recently introduced the Food (Trans-Fat) Regulations (2022), that bans and limits the use of high trans-fats foods effective January 1, 2024.
Japan’s MY 2022/23 cherry production recovered. FAS/Japan forecasts cherry production will further increase in MY 2023/24 due to favorable weather conditions.
The Canadian hemp sector continues to be driven by the food and nutrition markets, despite the 2018 regulatory changes that legalized recreational cannabis, and opened the potential for new markets for hemp-extracted cannabinoids.
On July 5, 2023, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) notified Direction No. I-94/FSSAI/SP (Claims and Advertisement)/2017.
FAS New Delhi (Post) participated at AAHAR 2023 (March 14-18, 2023), India’s premier food and beverage tradeshow.
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently amended the Food (Control of Import, Labeling, and Sale of Genetically Modified Foods) Regulations (2006).
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Refined Wheat Flour Fortification) Regulations (2022).