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- (-) April 2016
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Post forecasts that sugar cane production in Zimbabwe will decrease by five percent to 3,180 Million MT in the 2016/17 MY.
In contrast to the huge drought-related losses in grain production, Ethiopia’s production of major oilseeds is expected to increase to nearly 790,000 metric tons in MY15/16 (Oct-Sep).
The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending of U.S. dollars outside of Nigeria.
The United States is the world’s largest producer of beef but it also imports more beef than any other country.
The impact of the 2015 drought is expected to continue in the 2016/17 MY.
Manufacturers and trademark owners of specific retail products being shipped to Egypt are now required to register with the Egyptian Ministry of Industry and Trade.
Tralac held its annual conference in Swakopmund, Namibia on April 7 – 8, 2016. The conference highlighted the importance and challenges for rules based governance, and growing Intra-Africa Trade.
FAS/Nairobi forecasts a decrease in Kenya’s sugar production in the marketing year (MY) 2016/2017 as cane farmers move to produce other products such as dairy and horticulture.
Due to an extreme drought oilseed production in South Africa is expected to decrease by 20 percent in the 2015/16 MY to 1.4 million tons.
Post forecasts total sugar production in MY2016/17 to increase by 3 percent or 60,000 MT to 2.185 MMT from MY2015/16’s 2.125 MMT.
Soybean imports are expected to reach 2.42 million metric tons (MMT), reflecting additional crush capacity, as well as strong soybean meal and oil demand.
News on developments in agriculture and food in Egypt.