Browse Data and Analysis

On March 13, 2023, China notified 421 Maximum Residue Limits (MRLs) to the World Trade Organization (WTO) under G/SPS/N/CHN/1277. The proposed date of entry into force is to be determined.

Post forecasts that consumption and imports of corn, wheat and rice in Malaysia will slightly increase in Marketing Year (MY) 2023/24, in line with population growth and normalization of the market.

On February 28, 2023, Argentina’s National Agri-Food Health and Quality Service (SENASA) self-suspended poultry exports following the detection of Highly Pathogenic Avian Influenza (HPAI) in commercial poultry.

On March 2, 2023, the National Health Commission (NHC) announced approval of 28 new food materials and additives, of which six are enzymes derived from Genetically Modified Microorganisms (GMMs).

Despite being a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country requiring inputs imported from other suppliers.

Since hitting peak numbers in 2016, the New Zealand national cattle herd has been very gradually declining and this is expected to continue in 2023.

Rice export prices increased 1 percent.

On December 27, 2022, the Government of Japan (GOJ) released the “Food Security Reinforcement Policy Framework,” which aims to lower Japan's dependence on imports and to push increased domestic production of wheat, soybeans, feed grains, hay, and fertilizer inputs.

On March 7, 2023, China’s Food Safety Standards Monitoring and Evaluation Department of the National Health Commission (NHC) released a letter soliciting public comments on the 2023 Plan for National Food Safety Standards.

Cattle stocks decline in 2023 as farmers thin dairy herds to counter surplus production capacity. The resulting increase in domestic beef production will lower demand for imports in 2023.

The Korea oilseeds and products market is mature with limited annual change, reflecting stable consumer demand and stagnant domestic production.

The People’s Republic of China (PRC) is an increasingly important market for the United States pet food and related products industry.