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Post forecasts Burmese rice exports higher in September with increasing demand for Burmese rice due to India’s policies restricting rice exports. Despite larger domestic rice supplies from the new rice crop, domestic prices for both Emata and Shwe Bo Pawsan rose significantly. The depreciation of the Myanmar kyat and high production costs have continued putting upward pressure on domestic rice prices.
Corn and wheat production forecasts remain unchanged in marketing year (MY) 2022/23. Due to unfavorable weather conditions and less planted area, the sorghum production estimate is revised downward from USDA/Official estimate for MY 2021/22.
On September 9, the Government of Japan (GOJ) announced a 3.5 billion yen ($24.3 million) relief package to alleviate rising food and energy costs, funded through the Japanese Fiscal Year (JFY) 2022 reserve fund.
FAS/Canberra’s sugar cane production estimate for Australia is revised up for marketing year (MY) 2022/23 to 33 million metric tons (MMT), with the major production areas receiving well above-average rains during harvest which has promoted greater sugar cane growth.
Paraguayan beef exports in 2023 are forecast to decline to 390,000 tons carcass weight equivalent, the second drop in a row thanks to declining cattle production. The country is suffering from the third consecutive year of La Niña conditions, which leads to dry weather in most regions.
There are new export opportunities for oysters grown in Massachusetts and Washington since the EU lifted its import ban on live, chilled, frozen, and processed bivalve mollusks from the United States. As part of the equivalency arrangement between the EU and the United States, the U.S. market will now also be open for Dutch oysters, creating a win-win.
Japan’s Ministry of Agriculture, Forestry and Fisheries invites public comments on revised Japan Agricultural Standards for glued laminated timber (glulam) and plywood through October 8, 2022. Comments must be submitted in Japanese.
In 2023, poultry production is expected to remain stable at 14.3 million metric tons. White feather broilers’ share of overall chicken production is expected to increase, while yellow feather broiler production is expected to decline. In 2023...
For Marketing Year (MY) 2022/23 (August to July) harvested area for Mali, Burkina Faso, and Senegal is forecast to increase eight percent to 1.44 million hectares (MHA) compared to the previous year. This increase is largely due to significant...
Rice export prices trend upward due to strong demand from foreign buyers.
The General Administration of Customs of the People's Republic of China (GACC) Decree 248 requires that facility and product registrations for select food product imports into the People’s Republic of China must be completed and approved by GACC...
On September 13, Kazakhstan announced the end of wheat and wheat flour export restrictions that had been in effect since April 14, 2022. Since the restrictions went into effect, Kazakhstani exporters utilized 83 percent of the wheat and 66 percent of...