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ATO Tokyo Sponsors the USA Pavilion at FOODEX JAPAN 2015; Ambassador Kennedy Observes Silkworms for Genetically Engineered Application...
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.
In MY2015/2016, total raw sugar production is forecast to increase 3 percent to 2.127 MMT from MY2014/15 due to an increase in raw beet sugar production of 60,000 MT or a total of 1.210 MMT.
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.
Soybean imports are expected to reach 1.97 MMT, reflecting additional crush capacity and soy meal demand.
The Ministry of Agriculture and Land Reclamation announced it would not directly provide cash subsidies for MY2015/16, after offering such subsidies to farmers for the first time in MY2014/15.
News on developments in agriculture and food in Egypt.