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Post revises down its Marketing Year (MY) 2023/24 production estimates to 150 million metric tons (MMT) due to (i) the recent floods in Brazil’s southernmost state of Rio Grande do Sul and (ii) lower yields across several states.
For every five people in Brazil, there are four pets. Despite challenging economic scenario, the pet food industry – which encompasses pet food, pet accessories, and pet medication – continues to expand, making Brazil the third-largest fastest growing pet industry market in the world.
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) proposed 29 new geographical indications (GI) for UK food products, including lamb, beef, ham, sausage, cheese, seafood, vegetables, and fruit.
The Brazilian orange crop for Marketing Year (MY) 2023/24 is forecast at 378 million 90-pound boxes (MBx) - standard reference, equivalent to 15.42 million metric tons (MMT), a decrease of 7.3 percent compared to previous Post estimate (408 million boxes or 16.5 MMT), primarily due to poor weather conditions that culminated in a more severe drought, as well as impacts from greening.
During the past few years, the landscape for U.S. renewable diesel production has drastically changed, akin to the growth of ethanol and biodiesel during the past two decades. Driven by federal and state policies aimed at reducing emissions, this dramatic U.S. renewable diesel production and capacity growth is causing significant, market-altering shifts both domestically and to foreign feedstock trade.
Japan’s Ministry of Agriculture, Forestry and Fisheries invites public comments on proposed revisions of the Japan Agricultural Standards for cross laminated timber (CLT), sawn lumber (except dimension lumber), and flooring through July 2, 2024. Comments must be submitted in Japanese.
Brazil’s total coffee production for marketing year 2024/25 (July-June) is forecast at 69.9 million bags (60 kilograms per bag), green bean equivalent, a 5.4 percent increase over the previous crop year.
The Government of Japan (GOJ) has opened the public comment period for the “amendment of positive list of synthetic resins used for food apparatus, containers, and packaging.”
Despite the challenges posed during COVID-19, Western Japan’s hotel industry has recovered to pre-pandemic levels largely due the influx of inbound travelers seeking to capitalize on the weak yen.
The Brazilian Government announced the elimination of import taxes on paddy rice (100610), husked/brown rice (100620), and milled rice (100630) for all countries.
The report provides a comprehensive analysis of the tree nut market in Brazil, highlighting significant opportunities for U.S. exporters.
The Consumer Affairs Agency (CAA) of Japan proposed revisions to Japan’s maximum residue levels for seven agricultural chemicals (Benthiavalicarb-isopropyl, Hexaconazole, Isopyrazam, Metaflumizone, Broflanilide, Teflubenzuron, and Phenoxyethanol) for various agricultural commodities.