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Indonesia kicked off 2022 by rolling out several market intervention policies in response to recent rising prices for cooking oil. From January 19-31, 2022, Indonesia implemented a temporary cooking oil subsidy program utilizing the Crude Palm Oil (CPO) fund, the same funding source that subsidizes the biodiesel mandate program.
Singapore’s highly import dependent, multi-billion-dollar food industry is driven by robust consumer spending, high disposable incomes, and intense urbanization.
This report identifies the different export certification requirements currently in place by product. The Maduro regime, through its different Ministries, issues import permits, import licenses, and conducts processed food product registrations. Post updates only minor changes in this report.
The western half of Japan, with its main hub in Osaka, accounts for nearly 40 percent of Japan’s population and one-third of the country’s gross domestic product. Many of Japan’s largest food manufacturers and processors are headquartered in the Kansai region which includes the three major cities of Osaka, Kobe, and Kyoto.
Post forecasts a 31-percent increase in Thai rice exports and a 17-percent decline in corn imports.
China’s overall feed production is projected to rise through the end of calendar year 2022.
Singapore's Ministry of Health published a final rule to implement mandatory nutrition labels and advertising prohibitions for Nutri-Grade beverages.
The Philippine Department of Agriculture has extended the temporary 90-day validity of SPS Import Clearances for imported meat and poultry through December 31, 2022.
Post forecasts a slight increase in rice production and prices continue to rise, but the government continues to import rice to make it affordable. Wheat a flour prices are also trending upward.
On January 31, 2022, Mexico published in its Federal Gazette (the Diario Oficial) the final draft of the cheese conformity assessment procedure (CAP) under "NOM-223-SCFI/SAGARPA-2018, Cheese".
The Turkish government continues its efforts to rein in inflation, which was made worse in recent months by the steep depreciation of the Turkish Lira against the US dollar and drought-related grain production losses in MY 2021/22.
This report contains updated Marketing Year (MY) 2020/21 and MY2021/22 production, trade, and consumption estimates for Ukraine. According to the recent national statistical data MY2021/22 production numbers for wheat, barley, corn and rye are higher compared to MY2020/21, thus translating into higher export volumes.