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Strong foreign demand and reduced competition have sharply boosted exports to record levels for U.S. corn in 2020/21.
This report is one in a series of product briefs highlighting the tariff benefits for specific commodities and products from Year 3 (2021) to Year 5 (2023) of the agreement.
Post forecasts 2021/22 production, utilization, and trade for corn, rice, sorghum, and wheat.
China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports mainly because of the sheer volume China purchases and its effect on prices.
China’s overall feed demand and consumption are down though not as a dramatically as expected with the reduction in the swine herd due to African Swine Fever.
This is one in a series of reports providing concise overviews of how the U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, affects certain product groups.
South Africa has a well-developed business market, and is a gateway to Sub-Saharan African markets.
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.
Rice consumption continues to decline due to a shrinking population and reductions in per capita consumption.
Japan’s Ministry of Agriculture, Forestry, and Fisheries (MAFF) confirmed Japan’s first outbreak of Spodoptera frugiperda, or Fall Armyworm (FAW).
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.
Harvest is underway for spring/summer crops. The 2018/19 corn production forecast is lowered as weather and pest-related stress reduced yield potential.