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Key events of the first year since the launch of the Eurasian Economic Union (EAEU) included its expansion to welcome two new members, Armenia and Kyrgyzstan, a free trade agreement with Vietnam...
The Ministry of Food & Drug Safety implemented the Special Act on Safety Management of Imported Food (hereinafter referred to as the Special Act) and the implementing regulations on February 4, 2016.
The marketing year (MY) 2016/17 corn production is forecast at 22.6 MMT with harvested area estimated at 6.95 million hectares.
In MY2014/15, U.S. corn exports continued their dominance of the Saudi market, reaching 1.2 million MT and accounting for 41 percent share of the market.
Graphic illustrating the growth of U.S. agricultural and related product exports to Chile between 2000 - 2015.
Russia’s Grain Stocks Reach 31 Million Metric Tons . . . New Federal Agricultural Subsidy Distribution Orders . . . EAEU Members Forecast Development of Russia’s Agricultural Sector for 2016-2017 . .
MY 2016/17 wheat imports are forecast at 11 million metric tons (MMT). MY2015/16 imports are revised downward to 10.6 MMT from USDA’s estimate of 11.5 MMT.
Graphic illustrating the growth of U.S. agricultural and related product exports to Peru between 2000-2015.
In January 2016, Turkey’s Ministry of Food Agriculture and Livestock added new categories to their genetic requirements which broadened the variety of genetics which can be imported to Turkey.
Once sizable, pork imports decreased significantly. Ukrainian swine producers were forced to export.
Export prices increased slightly due to the strengthening Thai Baht. Traders are awaiting the details of the new Government stocks tender during the week of March 14.
Export prices went up about $5-10 during the week of February 27-March 4. According to rice exporters, the increase was due to expected upcoming demand from Vietnam’s South East Asian rice export...