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Rice export prices increased 2-8 percent from the previous week as exporters reportedly continued to secured rice supplies to fulfill contract shipments.
Taiwan imports over 135,000 MT apples annually with domestic supply less than one percent. Post expects that MY 2024/2025 Taiwan apple imports will return to 145,000 MT with domestic supply stable at 1250 MT.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong.
On October 4, 2024, the Philippine Department of Agriculture amended Department Order No. 16 (2024), removing mechanically deboned or separated meat of chicken (HS Code 0207.14.91) from the list of agricultural products subjected to a price-based special safeguard (SSG) measure. T
FAS/Seoul forecasts Korea’s 2025 milk production to decrease to 1.92 million tons. Korean milk production continues to decline in line with industry contraction and demographic-driven consumption declines.
On October 27, 2022, FAS Jakarta published a report summarizing the Directorate General of Livestock and Animal Health Service’s (DGLAHS)’s new requirements for importers to register fresh food of animal origin and obtain the resulting distribution license.
Australian winter crops have had very challenging seasonal conditions for MY 2024/25, including low soil moisture at planting, below-average rainfall, and frost damage.
Starting in 2025, Taiwan will eliminate tariffs on liquid milk imports from New Zealand. Taiwan dairy farmers are worried about the future, as the primary dairy product in Taiwan is fresh milk, with only a small portion used for other dairy beverages or products.
Post forecasts demand for dairy products to increase 2 percent to 3 million metric tons (MMT) in liquid milk equivalent (LME) in 2025.
New Zealand fluid milk production is forecasted to be 21.3 million metric tons (MMT) in the 2025 market year (MY).
Post forecasts domestic raw milk production to grow marginally due to improved dairy milk yield despite declining cow inventories in 2025.
On October 16 the Hong Kong Government (HKG) announced a significant reduction in the duty on imported alcoholic beverages with an alcohol content above 30 percent by volume.