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The Ministry of Agriculture has taken unprecedented steps to alleviate the soaring rice prices that have plagued Japan since the summer 2024 rice shortage.
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has taken extraordinary steps to alleviate high rice prices that have continued to increase since the domestic rice shortage in summer 2024.
Cambodia’s imports of soybean meal (SBM) and dried distillers grains (DDGs) in 2024 increased 6 percent year-on-year to 173 thousand metric tons (TMT), equivalent to 9 percent of Cambodia’s actual feed production.
FAS/Tokyo projects Japan’s forage demand to continue to be sluggish in MY2024/25 due to the slow recovery of cattle inventories. Even weaker demand for imported forage is anticipated as farmers shift to price-competitive domestic forage.
Cambodian rice farmers shifted production in 2023/24 toward short-term dry-season rice and used more inputs, resulting in higher production. Rice exports are revised higher with strong demand from neighboring countries and expansion to new export markets.
FAS/Tokyo estimates lower wheat and barley production in Marketing Year (MY)2024/25 from the previous year as unfavorable weather conditions and disease outbreak have reduced yields in main production regions.
Throughout summer 2024, Japan has been grappling with a table rice shortage resulting in empty supermarket as demand outpaced production for the last three years causing stocks to deplete to their lowest levels in over 20 years.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
Rice production in Cambodia is forecast to increase due to higher rice prices and the use of higher quality seeds. Rice exports to Vietnam have been surging as Vietnam mills have offered higher prices to Cambodian farmers.
FAS/Tokyo forecasts an increase in corn imports and consumption in MY2023/24 and MY2024/25 due to softening global prices and the rebound of the layer population following the recovery of Highly Pathogenic Avian Influenza outbreaks.
Foreign Agricultural Service's Phnom Penh (Post) forecasts an increase of exports of Cambodian rice in Trade Year (TY) 2023/24 due to recovery from high logistics costs and resumed relationships with export markets after the European Union’s lift of...
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.