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Australia’s food, beverage, and grocery sectors, contribute to a third of all business activity in the manufacturing landscape.
In 2023, Ukraine's cattle inventory and beef production remained on a three-decade-long downward trend. The decrease in consumer numbers and comparatively high beef prices resulted in a domestic consumption drop and increased exports of both live cattle for slaughter and beef.
Tunisian MY 2024/25 soybean imports are expected to reach 555,000 MT, compared to 550,000 MT in MY 2023/24 as demand for animal feed increases slightly.
Brazil is the second-largest chicken meat producer in the world after the United States, and the largest chicken meat exporter in the world.
Post forecasts economic headwinds will continue to impact consumption of both pork and beef in 2024. Swine and pork production in 2024 will be marginally down 3 percent as persistently low live hog and pork prices weigh on producers.
After the 2023/24 El Niño cycle, fishmeal production in marketing year (MY) 2024/25 is expected to recuperate back to 1.1 million metric tons (MMT), a 39 percent increase compared to the previous year's estimates.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Getting Ready for Lunar New Year With American Lobster; Join us Asia Fruit Logistica 2024; Hong Kong Economy Rebounds to Expand 3.2 Percent in 2023...
Assuming the return of more favorable growing conditions and yields that are in line with historical averages, Turkey is expected to produce more sunflowerseed, cottonseed, and soybeans in MY 2024/25 compared to the previous year, which was marked by dry weather conditions in parts of the country.
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health extended the implementation date of Food (Labeling and Advertising) Regulations (2022) from January 1, 2024 to January 1, 2025.
Rice export prices increased 1-2 percent due to the strengthening of the Thai baht and the demand for white rice from Indonesia.
FAS/Tokyo projects Japan’s beef production in 2024 will be almost flat from 2023 because fewer cows will be culled now that milk production has dropped enough to match demand.
While EU beef production is forecast to further decline in 2024 due to a structural unprofitability of the sector and mounting environmental regulations, the EU pork supply is projected to rebound in 2024.