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While the United States had a $16 billion agricultural trade surplus with the rest of the world in 2015, it ran a record $12 billion trade deficit in farm and food products with the European Union.
In 2015, consumption of domestic beef declined while imports of more competitively priced beef imports increased.
The Ministry of Food & Drug Safety implemented the Special Act on Safety Management of Imported Food (hereinafter referred to as the Special Act) and the implementing regulations on February 4, 2016.
Soybean consumption in MY 2016/17 is forecast unchanged from the current marketing year at 1.42 MMT...
The ATO just completed its Korea Prelim of the United Tastes of America chef competition with a very successful outcome.
The EU-28 broiler meat production is expected to increase in 2016.