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In 2013, imports of food and agricultural products by Israel totaled nearly $5.5 billion, a 3.6 percent increase from 2012.
As Japan’s Ministry of Finance announced import statistics ending June 2014 for wheat, Post has finalized the 2013/2014 marketing year (MY) import number in its PS&D.
The report includes information that has been garnered during travel within Kazakhstan, reported in the local media, or offered by host country officials and agricultural analysts.
Boosted by solid economic performance, and robust domestic demand, Malaysia’s retail sector is forecast to grow six percent annually.
Based on the officially reported data on the progress of the Russian grain harvest, FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2014/15 by 1 million metric tons to 102 MMT.
The recent outbreak of Avian Influenza in Europe, coupled with anti-dumping duties and the recent rise in the import tariffs of broiler meat will escalate local poultry meat consumer prices.
Cotton consumption and imports by Thailand are estimated to decline in MY 2014/15.
Export prices declined 1-3 percent due to the seasonal peak of main-crop rice supplies.
On October 22, 2014, China notified the WTO of new standards on Multi-nutrient Supplementary Food for Pregnant and Lactating Women as SPS/N/CHN/691.
Post’s October forecast for MY14/15 total oilseed production is 55.8 million tons, down by 5 percent from an estimated 58.7 million tons in MY13/14.
Nigeria’s wheat demand continues to rise and is attracting more third-country suppliers of inexpensive wheat. Imports for 2013/2014 have been adjusted to 4.55 million metric tons.
While South Africa is an exporter of agricultural products, it remains a viable market for U.S. sales, particularly of high-value, consumer-oriented products.