Taiwan: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   TW2024-0015

Contact:

Office of Agricultural Affairs, Taipei   |   (011-866-2) 2162-2316

Link to report:

Taiwan: Grain and Feed Annual
In MY2024/2025, Taiwan’s wheat imports are forecast at 1.4 MMT. The United States is expected to recover market share from Australia due to better competitiveness and availability. MY2023/2024 and MY2024/2025 corn imports are forecast to recover to 4.55 MMT due to improved feed demand outlook, with restocking in both the hog and poultry sectors. In MY2023/2024, the United States is expected to regain some market share as U.S. bulk prices from the west coast are more competitive as a result of logistics challenges impacting both the Panama Canal and near the Red Sea. MY2023/2024 rice production is estimated to increase to 1.2 MMT on greater planting area and water availability. Since 2022, Taiwan has temporarily removed the import tariff for wheat and waived business taxes on imported wheat, corn, and soybeans. These measures have relieved some inflationary pressures and are currently set to expire on June 30, 2024.
East Asia and the Pacific, Taiwan
Grains, Feeds and Fodders, Corn, Rice, Wheat

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.