Browse Data and Analysis

The Philippines maintains a Tariff Rate Quota (TRQ) for corn (H.S. 1005). Following the reduction of tariffs in 2022 and their extension in 2023, significant interest in how to access the in-quota tariff ensued, and in turn, so followed widespread concern among local stakeholders for the process being anti-competitive, outdated, and potentially inconsistent with the Philippines' commitments with trading partners.

On January 4, 2023, the People’s Republic of China (PRC) National Health Commission (NHC), Ministry of Agriculture and Rural Affairs (MARA), and State Administration of Market Regulation (SAMR) jointly announced the publication of a new National Food Safety Standard for 112 Maximum Residue Limits (MRLs) in Foods.

On February 15, 2023, Commission Regulation (EU) 2023/334 amending Annexes II and V to Regulation (EC) No 396/2005 lowering the maximum residue levels (MRLs) for clothianidin and thiamethoxam in or on certain products was published in the Official Journal (OJ).

Australia has proven to be an appealing and profitable market for U.S. companies for many years. Apart from an extremely strict quarantine regime, it offers few barriers to entry, a familiar legal and corporate framework, and a sophisticated and straightforward business culture.

Dryness persists in scattered growing areas of Alberta and Saskatchewan. However, there is still time for spring precipitation. Meanwhile, most eastern soybean producers await warmer temperatures to dry the heavy-to-adequate snow accumulation.

Canada announced a consultation on proposed changes to the Health of Animals Regulations (Identification and Traceability), which will run from March 18, 2023 until June 16, 2023.

Canada's Pest Management Regulatory Agency (PMRA) announced two consultations on proposed maximum reside limits (MRL) for Benzovindiflupyr and Teflubenzuron.

On March 9, 2023, the Ministry of Agriculture and Rural Affairs (MARA) published a Decision on Amending and Repealing Some Regulations (Draft for Comments) for seed variety registration.

Rice export prices increased 2-3 percent due to the strengthening of the Thai baht which offset the downward pressure on domestic rice prices.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Aspiring Chefs Explore “The Science of Souffle” With U.S. Ingredients and Local Flavors

Post forecasts MY2022/23 cotton imports to increase 4 percent but remain well below the 5-year average annual import demand from MY2017/18 – MY2021/22 in anticipation of slow economic recovery in 2023.

The Brazilian Food Processors' Association (ABIA) reported that the food processing sector in Brazil had revenue of US$209 billion in 2022, showing a growth of 16.6 percent compared to the previous year.