Browse Data and Analysis

Sugar production in marketing year (MY) 23 is estimated at 805,000 metric tons (MT), while production for MY22 reached 785,000 MT. Improving international prices have eased the financial burden exerted by the high cost of inputs on the sugar sector.

Commercial dry bean production in Ghana is limited to cowpea (Vigna unguiculata), which has two sub-species with commercial value in Ghana; the black-eyed pea, which is the most popularly grown sub-species in Ghana, and the red/dark brown sub-species.

Most raw materials for food processing are imported into Singapore due to its limited land, natural resources, livestock, and agricultural production. Singapore imported $1.2 billion of U.S. processed food products in 2022, which was a 9% increase compared with 2021.

FAS Astana estimates wheat production at 16.4 million metric tons (MMT) in marketing year (MY) 2022/2023, which is the largest production volume since MY 2017/2018. FAS Astana forecasts no significant change to wheat and barley planted area for MY 2023/2024.

As a severe drought looms large over the sugar mill areas in the Dominican Republic (DR) and the U.S. Customs and Border Protection (CBP) continues to prohibit sugar and sugar-based imports from the top Dominican producer, Post forecasts local production at 530,000 metric tons (MT) for marketing year (MY) 2023/24 (October/September), 12 percent down from the MY 2022/23 estimates.

Australia’s sugar production is forecast to increase to 4.4 million metric tons (MMT) in marketing year (MY) 2023/24, from an estimated 4.2 MMT in MY 2022/23. This increase is due to an expected rise in sugar cane crush to 33.5 MMT in MY 2023/24, from an estimate of 32.6 MMT in the previous year.

Private sugar mills expansion leads to increased production in 2022/2023. El Nino, which usually increases sugar content in sugarcane and continues area expansion by private sugar mills is forecast to further increase plantation white sugar production in 2023/24 to 2.6 million metric tons (MMT).

Sugar production in MY2022/23 and MY2023/24 is still far below record production levels due to reduced sugarcane acreage.

South Africa has experienced an upsurge in oilseed plantings over the past 20 years with a near nine-fold expansion in soybean area. Post foresees that the positive trend in soybean plantings will continue in marketing year 2023/24 with area and oilseed production reaching historically high level of 1.8 million hectares and 3.6 million metric tons, respectively.

India’s oilseeds production in marketing year (MY) 2023/2024 (October-September) is forecast to remain flat at 41.5 million metric tons (MMT), mostly unchanged from MY 2022/2023. Unseasonably heavy spring precipitation and a predicted El Niño weather pattern in the wake of severe April-June heatwaves will expose summer oilseed crops to greater incidences of plant stresses and thus impact yields.

On March 6, 2023, China notified an updated National Food Safety Standard of Food Additive Lutein to the World Trade Organization (WTO) under G/SPS/N/CHN/1266.

On March 6, 2023, China notified an updated National Food Safety Standard of Food Additive Lutein to the World Trade Organization (WTO) under G/SPS/N/CHN/1266.