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- (-) Cotton and Hemp
- (-) June 2022
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Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate. The expected reduction is based on textile companies shifting their operation to other South-East Asian countries as the cost of labor increased in Malaysia with the revision of new minimum wages on April 1, 2022.
The following changes have been made to the 2022 FAIRS report: 1) Section II – Labeling. Effective December 1, 2023, food containing hydrogenated oils must be labeled. 2) Section III – Packaging. Glass and plastic bottles will be subject to additional levies. 3) Section VI – Other Requirements, Regulations, and Registration Measures.
Although Ecuador maintains a number of anti-biotech laws and regulations, there is minimal enforcement, and trade in cotton and soybean products continues.
Mozambique is revising its biosafety regulations, which could allow for the country's first field trials of genetically engineered crops.
Information on the Egyptian market for U.S. exporters of food and agricultural products. Prospects for U.S. bulk commodities and intermediate products remain positive in 2013.
Brazil is the world's second-largest producer of biotech crops. Post forecasts a 10-percent increase in area planted to biotech crops in the upcoming 2013/14 Brazilian crop year (October-September).
China is expected to remain a significant importer of biotech products and may become an exporter of biotechnology in the medium to long term.
Colombia continues to expand its biotechnology frontier. The adoption rate for biotech corn has surpassed that of cotton and the development of a regulatory framework is underway.
Recent high-profile activism against biotechnology has created uncertainty among those involved in production and research of biotechnology products in Costa Rica.
El Salvador has no legal restriction on the use of agricultural biotechnology. However the country's biotech regulatory framework is still being developed.
A rapidly growing middle class in North Asia is expected to boost demand for U.S. agricultural exports over the next decade.
Egypt’s cotton production is expected to decline in 2013/14 in the face of what Egyptian farmers regard as relatively low prices.