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U.S. exhibitors at FOODEX 2016 report more than $25 million in projected sales; FAS/Japan helps promote U.S. beef, soybeans and organic products...
After the big surge in MY2015 when New Zealand beef production topped 690,000 MT, the highest since 2004, beef production is forecast to reduce to 659,000MT in MY2016.
The New Zealand kiwifruit industry can celebrate a bumper year in 2015 with production up 30% at 475,000 metric tons (MT) and exports up 31% at 454,000MT.
U.S. beef is poised to reclaim lost market share in 2016, as Australian supplies tighten and price offers climb, despite a widening tariff advantage for Australian beef.
Japan’s feed industry relies almost entirely on imported grains.
The hotel, restaurant and institutional (HRI) food service industry performed favorably in 2014 and 2015, finally recovering from the prolonged negative impacts of the March 2011 earthquake.