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With November trade reports, 2014 is confirmed as another record year for U.S. beef exports to Taiwan, valued at over USD $269 million.
Eighty-eight percent, 28,884 MT, of Taiwan’s 2014 U.S. rice Country Specific Quota (CSQ) under normal tender is yet to be complete.
Taiwan’s retail food sector is becoming increasingly competitive, and foreign operators (Costco, 7-11, Carrefour and Wellcome) continue to dominate Taiwan’s food retail market.
Taiwan authorities recently lifted a ban on U.S. long grain rice, in place since 2006.
A recent wine tasting in Taiwan hosted by the California Wine Institute not only successfully attracted 369 trade contacts but also created an additional $2.87 million in sales for California wines.
Taiwan recently completed two long-lingering 2013 normal tenders, thus fulfilling 2013 U.S. Country Specific Quota (CSQ) obligations.
Domestic and export prices declined 1-5 percent as new-crop supplies are coming onto the market.
In MY2013/14, Taiwan imported a record 160,756 metric tons (MT) of apples from around the world, which is valued at nearly US$240 million.
On August 7, 2014, Taiwan’s Agriculture and Food Agency (AFA) of Council of Agriculture (COA) began screening for genetically engineered (GE) materials in organic soybeans.
U.S. poultry exports to Taiwan increased significantly during the first half of 2014 due to exceptionally high pork prices.
Trip report for Post visit to Taiwan’s tea producing region. Review of tea and organic production in Taiwan.
From October 2013 – June 2014, Taiwan imported over 1,600 thousand metric tons (TMT) of U.S. corn, exceeding Post estimates.