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EU environmental restrictions and elevated input costs are depressing milk production in 27 European Union Member States (EU27). Additionally, the increase in cow productivity can no longer compensate for the decline in the EU27 dairy cow herd.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: USA Pavilion Dazzles at HOFEX 2023; Hong Kong Reports Q1 GDP Rebound; Golden Week Holiday in May surpasses Hong Kong and Macau Government Expectations
The production of apples, pears and table grapes is estimated to decrease slightly in the 2022/23 Marketing Year (MY), based largely on stagnated production area and a return to normal yields following record production for all three commodities.
On October 18, 2022, Egypt’s National Food Safety Authority (NFSA) published Decision No. 16/2022, Food Traceability Requirements, in the Egyptian Chronicles, with an effective date of October 19, 2022. Unofficial translation provided below.
On October 18, 2022, Egypt’s National Food Safety Authority (NFSA) published Decision No. 17/2022, the Binding Technical Rules for Food Contact Materials and Articles, in the Egyptian Chronicles, with an effective date of October 19, 2022. Unofficial translation attached.
Ethiopia is Africa’s largest coffee producer and the world’s fifth largest exporter of Arabica coffee. Coffee is Ethiopia’s number one source of export revenue generating about 30-35 percent of the country’s total export earnings.
On April 13, 2023, the Ministry of Trade and Integration announced the second stage of 2023 meat and poultry quotas by HS code for historic suppliers (i.e., importers).
Post forecasts both rising dairy imports and production in 2023, due to a favorable exchange rate and increased domestic demand for dairy products.
FAS/Managua projects Nicaraguan Arabica coffee production to remain mostly flat in marketing year 2023/24 at 2.46 million 60-kilogram bags, reflecting successive years of sub-optimal fertilizer application dating back to 2020 when fertilizer prices rose amid global supply chain disruptions and new taxes on agricultural inputs.
The Federal Executive Council approved the extension of the National Sugar Master Plan (NSMP) by 10 years (2023-2033). NSMP is an effort of the Government of Nigeria to ensure self-sufficiency in local sugar production.
On May 10, 2023, a regulation of the Ministry of Agriculture and Rural Development entered into force, reducing biosecurity requirements for raising pigs kept for the production of meat for own use.
Export and domestic prices of Thai rice increased one percent due to the strengthening of the Thai baht and strong demand for Thai rice.