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- (-) April 2015
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MOF issued a Notification in the Royal Gazette detailing the preferential duty reduction schedules under Section 12 of the Customs Tariff Decree B.E. 2530 for imported wood products.
ATO Tokyo Sponsors the USA Pavilion at FOODEX JAPAN 2015; Ambassador Kennedy Observes Silkworms for Genetically Engineered Application...
Export prices declined slightly as supplies of off-season rice continue coming into the market. Also, inquiries for Thai rice are quiet as Vietnamese rice is 5 to 10 percent cheaper.
While Japan’s soybean production recovered in MY 2014/15, domestic production accounts for only 25 percent of soybeans consumed for food and a mere 8 percent of total soybean utilization.
As Japanese pork production recovers from PEDv, Japanese beef production will likely continue along its recent downward trend in 2015.
The United States exported a record $9.7 billion of forest products in fiscal year 2014. Among U.S. agricultural exports, only corn and soybeans had higher export values.
The Japanese Government's Basic Plan for Food, Agriculture and Rural Areas, which sets Japan's agricultural policy direction for the next 10 years, is revised every five years.
The government agricultural restructuring program will likely increase MY2015/16 sugar production to 11.4 million metric tons, and sugar exports to around 9 million metric tons.
Export prices are expected to be stable through the week of April 13 due to quiet trading during the long Thai New Year’s holidays.
Export prices increased 1 to 2 percent as another government-to-government contract with China for 100,000 tons of white rice was finalized for delivery by May 2015.
Soybean and soybean meal imports are expected to increase in MY2014/15 and MY2015/16.
Export prices further declined about 1 percent, as off-season rice harvest continues to keep supplies large.