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On June 3, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would maintain the tariff-rate quota volumes for butter at 7,600 MT and non-fat dry milk (NFDM) at 750 MT for Japanese fiscal year (JFY) 2022, in line with its...
On June 7, 2022, the China National Intellectual Property Administration (CNIPA) issued the “Measures for the Administration and Protection of Collective Marks and Certification Marks (Draft for Comments)” (hereafter referred as the “Measures”) for public comments.
Recently, the New Zealand Primary Sector Climate Action Partnership – He Waka Eke Noa (HWEN) – delivered their recommendations on an alternative agricultural emissions solution to the NZ Emissions Trading Scheme (ETS). In its report, HWEN outlined various recommendations which center around a farm-level split gas levy on emissions.
On June 14, 2022, a new biosecurity law was signed into effect, repealing the 2009 biosecurity law and establishing a process to allow the entry, research, and commercialization of genetically engineered (GE) products in Senegal. The functionality of the law will depend on the approval of 18 implementing decrees. A process has begun to consolidate the decrees to expedite their ratification.
Rice export prices increased 2 percent despite the weakening of the Thai baht.
On June 28, 2022, the State Council Tariff Commission (SCTC) extended the Section 301 retaliatory tariff exclusion period for sorbitol and other select non-agricultural U.S. commodities. The exclusion was set to expire on June 30 but has now been extended until February 15, 2023.
On June 29, 2022, the General Administration of Customs of the People’s Republic of China (GACC) released Announcement No. 53 of 2022 titled “Implementation of Conditional Retrieval Facilitation Measures for Imported Seed.”
Soybean imports for marketing year (MY) 21/22 are revised downward to 94 million metric tons (MMT) due to slower economic growth, high prices, and COVID-related restrictions depressing meal and vegetable oil consumption. Soybean production for MY 22/23 is forecast higher at 18.4 MMT on expanded planted area supported by high prices and government incentives.
The European Union (EU) follows a complex, rolling system of review for active ingredients and Maximum Residue Levels (MRLs) in food. For agricultural inputs, U.S. farmers must know early in the process of review to prevent or mitigate the loss of, and/or access to, chemical inputs.
Libya poses unique opportunities and challenges for U.S. agricultural exports. The nation is characterized by an unstable government, conflict, opaque regulations, an underperforming agricultural sector, and about $1.5 billion worth of agricultural imports from around the world every year.
Post revises China's Marketing Year (MY) 2022/23 feed demand upward by 4.5 million metric tons (MMT) based on recovering demand for hog feed. Rice substitution for corn in feed rations may play a more significant role because of price advantages over corn and other corn substitutes. Post adjusts wheat production in MY2022/23 upward by 2 MMT to 135 MMT based on improved growing conditions.
Despite the dramatic impact of the COVID-19 pandemic, retail sales revenues in Germany have grown continuously since 2019. In 2021, the German retail sector recorded over $618 billion euros in sales revenues. Retailers benefitted from higher consumer spending for premium food products, while food service businesses suffered from low hospitality and catering demand during the series of lockdowns put in place.