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On July 10, 2023, the People’s Republic of China (PRC), State Administration for Market Regulation (SAMR) released revised Administrative Measures for Product Formula Registration of Formula Milk Powder for Infants and Young Children.
The Government of Honduras implemented a new and complicated import permit system for the importation of rice and poultry that has caused major problems for U.S. shippers of these products and their customers.
Raisin production in Chile relies almost exclusively on table grape production that does meet quality levels for fresh exports. It also became a profitable alternative for orchards with traditional table grape varieties that are facing low prices in international markets.
Israel amended its Public Health Protection Act (Food) to reduce regulatory burdens on food importation.
Export prices increased 4-6 percent mainly due to the strengthening of the Thai baht.
Hong Kong does not have any certification changes for food imports since the last report submitted in July 2022.
The State Administration for Market Regulation issued the General Quality Standard for Nut and Seed Food, which will come into force on August 1, 2023.
Honduras is the twenty-seventh most important export destination for consumer goods from the United States. Honduras' imports for fiscal year 2022 was $522.6 million, ranking second only to Guatemala in Central America and sixth in the Americas.
The Brazilian orange crop for Marketing Year (MY) 2022/23 is forecast at 410.6 million 40.8-kg boxes (MBx) or 16.75 million metric tons (MMT), a slight decrease of 1.1 percent vis-à-vis the current season, with the resumption of the biennial crop cycle and consequently, a lower fruit load per tree.
According to government information releases and FAS-Astana contacts, spring grain planting was completed in early June and planting conditions were generally favorable, leading FAS-Astana to estimate no significant change to wheat and barley planted area in MY2023/2024.
Post estimates MY 2022/2023 soybean production at 21.25 million metric tons (MMT), 3.75 MMT below the official USDA estimate on lower than expected yields.
South Africa is currently harvesting its second largest corn crop in history and a fourth consecutive bumper crop. This creates a bearish outlook on local corn prices and will limit an expansion in the area to be planted with corn in marketing year (MY) 2023/24.