Browse Data and Analysis

Turkish cotton production in Marketing Year 2024/25 is projected to increase to 870,000 metric tons due to better weather and improved yields, in addition to forecast increases in area. Consumption is forecast to remain stagnant at 1.55 million metric tons.

Forecast soybean production for MY 24/25 is unchanged at 19.6 million metric tons (MMT) based on a planted area of 9.95 million hectares (Mha). Relatively low and declining soybean meal (SBM) prices since the beginning of MY 23/24 could encourage more SBM use in feed production.

In 2025, high domestic meat demand and lower prices of animal feed for both cattle and swine are expected to drive up overall cattle, beef, pig crop, and pork production. Despite relatively high inflation levels for food products, beef consumption is expected to grow as consumers shift purchases to more affordable meat cuts.

Due to recent recalls by Hong Kong authorities of food products containing ethylene oxide (ETO), ATO Hong Kong reminds all U.S. exporters that ETO is not permitted in food products for sale in Hong Kong.

Kenya's agricultural and related products imports reached $3.81 billion in 2023, of which 15 percent was consumer-oriented food products. Increased urbanization, a fast-growing population and middle class, an expanding modern food retail, and food...

Post revised up Brazil’s MY 2024/25 cotton production forecast to 16.6 million 480lb bales (3.6 million metric tons (MMT)), an 11 percent increase compared to the previous MY. The main drivers behind this record output are a forecasted area increase (revised up to 1.94 million hectares), and better-than-anticipated yields across key producing states.

Forecast MY 24/25 cotton production is 5.9 million metric tons (MMT), unchanged from the previous report and the estimate for MY 23/24. A marginally higher yield estimate of 2,014 kg/Ha offset a slightly lower planted area unchanged from the previous report at 2.93 million hectares (MHa) on lower cotton profits in regions outside Xinjiang in MY 23/24.

Post forecasts production for marketing year (MY) 2024/25 at 0.85 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops. Constraints on planted area and yield include limited seed technology, high input costs, extreme temperatures, and drought.

On August 7-9, 2024, the World Apple and Pear Association (WAPA) presented the 2024 EU apple and pear crop forecast at the 49th edition of the Prognosfruit convention. WAPA forecasts the 2024 EU fresh apple crop at 10.2 million metric tons (MT), 11.2 percent below the 2023 harvest.

Soybean production in marketing year (MY) 2024/2025 is estimated at 12.9 million metric tons (MMT) on favorable conditions and slightly higher area.

Post forecasts that chicken meat production will increase by three percent to 1.65 million tons in Marketing Year (MY) 2025 as a result of a strengthening domestic sector. Post raises the 2024 production estimate by 6 percent to 1.59 million tons as the industry has rebounded from the 2023 Highly Pathogenic Avian Influenza (HPAI) outbreak.

The UAE’s chicken meat production is forecast to grow by 17 percent in 2025, supported by governmental initiatives such as feed subsidies and technological investments. Consumption is expected to rise by 6 percent due to population growth, increased consumer spending, and a thriving tourism sector.