Japan: Japan Ag Ministry 2021 Budget Signals Shift to Exports

  |   Attaché Report (GAIN)

Link to report:

Japan: Japan Ag Ministry 2021 Budget Signals Shift to Exports

The Government of Japan’s 2020 third supplementary budget allocates 1.05 trillion yen ($10 billion) to the Ministry of Agriculture, Forestry and Fisheries (MAFF) to fund trade agreement countermeasures, continuation of COVID-19 economic relief support programs, and disaster preparedness and land reinforcement measures. Highlights from the supplementary budget include new support payments to encourage the conversion of acres away from table rice to other products, the continuation of support payments for the export of perishable products, and the establishment of a livestock products export consortium. MAFF is also expected to receive 2.31 trillion yen ($22.2 billion) for its 2021 budget, down 4.4 percent from last year.

Japan: Japan Ag Ministry 2021 Budget Signals Shift to Exports

 

East Asia and the Pacific, Japan

Database Source:

Related Reports

View More
Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Thailand: Grain and Feed Monthly

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.