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Post has adjusted production numbers for tangerines/mandarins and oranges based on the latest data obtained from the Moroccan citrus industry. MY 2022/23 export figures are revised based on trade to date data.
Export and domestic rice prices decreased despite the strengthening of the Thai baht.
In MY 2022/23, European Union (EU) citrus production is projected to amount to 10.4 million metric tons (MMT), 10 percent down from the previous season, especially impacting oranges and lemons, and slightly lower than previous estimations.
This report contains revised production and export forecasts for MY2023/24 by Post
Zimbabwe’s corn crop for marketing year 2023/24 is estimated at 1.5 million metric tons. This represents an increase of five percent from the previous marketing year’s crop, mainly due to a normal rainfall season in the northern parts of the country.
FAS Manila lowers 2023 pork production to 925,000 MT on the recent arrival and expansion of African Swine Fever within the top remaining production regions of the Philippines while also lowering imports to 500,000 MT based on trade to-date and high carry-over stocks that are not currently reflected in the balance sheet.
The Dominican Republic, through its Ministry of Industry, Commerce and SME’s (MICM), announced the activation of the CAFTA-DR agricultural safeguard measure for imports of mozzarella cheese from the United States on May 31, 2023.
Morocco notified G/SPS/N/MAR/97 on April 26, 2023. The notification concerns Morocco’s animal feed regulation. Comments are due no later than June 25, 2023. An unofficial translation is included in this report.
On May 26, 2023, Japan's Ministry of Economy, Trade and Industry (METI) announced plans for SAF introduction and a SAF-focused biofuel target.
Seafood is an important staple in Ghanaian cuisine as it accounts for 60 percent of animal protein intake with an estimated per capita consumption rate of 26 kg. U.S. seafood sales to Ghana recently experienced a boost in sales, however, sustained seafood exports from the U.S. are at risk due to the Government of Ghana’s (GOG) recent announcement to increase the tax 1,573 percent per metric ton on frozen seafood.
This is a biweekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Update on Hong Kong’s imports of Poultry Products and Eggs; Keep Spending is Main Strategy to Stabilize Economy; Hong Kong Named the Second Most Expensive Location in the World