Browse Data and Analysis

Post forecasts both rising dairy imports and production in 2023, due to a favorable exchange rate and increased domestic demand for dairy products.

Milk production in Australia in 2023 is forecast to decrease by three percent to 8.2 million metric tons (MMT). This is despite generally very good production conditions for 2023, particularly with record milk prices and easing grain and fertilizer prices.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

On April 21, the European Commission proposed to update the marketing standards of select agriculture products such as fresh fruit and vegetables, nuts, honey, juices, eggs and poultry.

On April 3, Japan’s Ministry of Agriculture, Forestry and Fisheries announced tariff-rate quota (TRQ) volumes for dairy products during Japanese Fiscal Year 2023 (April to March).

The General Administration of Customs of the People's Republic of China (GACC) recently updated the list of products subject to Decree 248 and has not notified these changes to trade partners.

The government of Egypt has yet to publish or notify an official statement regarding the application of halal certification on dairy past the April 1 deadline. However, the industry reports that another extension from fees has been granted for as much as a year.

In the past year, meat and milk prices have skyrocketed due to a variety of factors, among which are insufficient cattle inventories, high input costs, semi-effective government policies, and limitations on importing meat and live animals.

Japan announced low tariff-rate quotas for butter (8,000 MT) and non-fat dried milk (750 MT) in Japanese fiscal year 2023.

On March 31, 2023, India’s Ministry of Fisheries, Animal Husbandry and Dairying/Department of Animal Husbandry and Dairying (DAHD), published its integrated veterinary health certificate (VHC) for the import of milk and milk products into India.

Japan introduced an emergency program to induce early slaughtering of less-productive dairy cows in March 2023 as an incentive to reduce excess milk production and support dairy farm management.