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FAS/Tokyo projects Japan’s beef production in 2024 will be almost flat from 2023 because fewer cows will be culled now that milk production has dropped enough to match demand.
While EU beef production is forecast to further decline in 2024 due to a structural unprofitability of the sector and mounting environmental regulations, the EU pork supply is projected to rebound in 2024.
Argentine beef exports in 2024 are projected up at 920,000 tons carcass weight equivalent, 20,000 tons higher than USDA official.
From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes.
Rice export prices remain unchanged as the downward price pressure from the new supplies of white rice offsets the strengthening of the Thai baht.
Brazil is currently at the bottom of the cattle cycle, liquidating inventories since 2023. The oversupply of cattle for slaughter has led to a slow price recovery and longer-term impact to the replacement market.
The South African retail food sector is strong, despite the development of the COVID-19 crisis and the March 2020 national lockdown.
The Singapore food retail sector is highly developed and competitive.
Government of Sri Lanka issued a new notification stipulating temporary import controls for certain goods on May 22, 2020 as an interim measure to minimize the domestic economic impact of COVID 19.
Post's production forecast for Ukraine's MY2020/21 production for both wheat and barley are lower compared to the previous marketing year.
Travel restrictions stemming from the COVID-19 pandemic have precluded required on-site inspections of seven U.S. plant exports by Japanese authorities.
On June 5, 2020, India’s Ministry of Law and Justice issued three ordinances that will liberate existing market restrictions, eliminate free trade barriers in agricultural production...