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While output is unchanged, the 2022/23 harvested area is reduced to reflect the abandoned fields in key production areas of Sindh due to last summer’s flooding. The import forecast is increased to reflect the need to supplement the decline in domestic availability.
Cotton consumption in marketing year (MY) 2022/23 is forecast at 2 million bales, slightly lower than previously forecasted, a decrease which is projected to reduce imports of U.S. cotton.
Effective February 1, 2023, Hong Kong will ban cannabidiol (CBD) products. The newly amended regulation will prohibit the manufacture, import, export, supply, sale, possession and transshipment of any products containing CBD in the city, regardless of quantity.
Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.
Last planting season, in order to secure the maximum CAP payments for the period 2015-2020, farmers boosted planted area and production.
News on development in agriculture and food in Egypt.