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On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
Ministry of Agriculture reported favorable early prospects for the grain crop should good climatic conditions continue.
Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year....
The Algerian Ministry of Agriculture reported favorable early prospects for the MY2018/19 winter grain crop.
High prices for Japanese table rice led to Japan’s full utilization of the simultaneous buy and sell quota (100,000 MT), and are expected to lead to continued opportunities in the coming year.
Prospects for Algeria’s wheat and barley crop remain mostly average despite multiple bouts with dryness throughout the year and with the next 30 days being a critical period.
Algeria’s 2017 Finance Law increases value added tax for many products and will decrease imports of barley, corn, soybean meal, rice, oat, sorghum and DDGs.
China: China Announces Standards for Vegetable Protein for Food Industry as WTO SPS Notification 1010
China notified the WTO of the National Food Safety Standard of Vegetable Protein for Food Industry (an update of the GB/T 20371), issued by the National Health and Family Planning Commission...
Information on the Egyptian market for U.S. exporters of food and agricultural products. Prospects for U.S. bulk commodities and intermediate products remain positive in 2013.