Browse Data and Analysis

Rice export prices dropped 2-3 percent as the Thai baht weakened and new MY 2023/24 off-season rice supplies entered the market.

The PRC National Standard (Guo Jia Biao Zhun, or 'GB') for Natural Casings - GB/T7740-2022 was issued on October 12, 2022, and implemented on May 1, 2023.

On March 19, 2024, the People’s Republic of China (PRC) National Crop Variety Registration Committee (CNCVRC) published a second variety registration list for genetically modified (GM) corn and soybeans.

On March 13, 2024, the National Health Commission (NHC) announced approval of 23 new food materials and additives, of which three are products derived from Genetically Modified Microorganisms (GMMs).

From September 26 to 27, 2023, the People’s Republic of China (PRC) National Energy Administration (NEA) organized a meeting on pilot programs for biodiesel promotion and application in Shanghai to learn relevant experience and practices, exchange and analyze the development of the country’s biodiesel industry, and study and deploy next steps.

Soybean imports for marketing year (MY) 24/25 are forecast to reach 103 million metric tons (MMT). Increased soybean meal (SBM) inclusion rates due to competitive prices, stable demand in the poultry sector, and growing demand in aquaculture is expected to offset weaker demand in the swine sector due to forecast declining production in MY 23/24 and MY 24/25.

Indonesia palm oil production is forecast to rise marginally to 47 million metric tons (MMT) in 2024/25 on expected recovery from extreme weather in 2023.

Following a gradual decline in the national cattle herd over the previous years, breeding cow numbers for beef and dairy are looking to stabilize in 2024. At the end of 2023, a new national coalition government was elected.

FAS/Tokyo forecasts an increase in corn imports and consumption in MY2023/24 and MY2024/25 due to softening global prices and the rebound of the layer population following the recovery of Highly Pathogenic Avian Influenza outbreaks.

The China International Import Expo (CIIE) is a trade-focused exposition hosted by the People's Republic of China (PRC) Ministry of Commerce and the Shanghai Municipal Government. This expo aims to boost the consumption of imported products.

Australian beef supply is forecast to climb after the herd rebuild period ends. The marked slowdown in the growth of the national herd is expected to drive a higher female slaughter rate, increase the overall supply of cattle for slaughter, and boost live cattle and beef exports in 2024.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Agricultural Exports Grow For The First Time Since 2018; Mainland Tourists Do Not Stay Overnight and Spend Less...