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- (-) November 2016
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Malaysia’s retail sector is forecast to grow at three percent due to cautious consumer spending, increased subsidy rationalization and introduction of a new goods and services tax.
Turkish soybean area and production for MY 2016 is now estimated about 30,000 hectares and 100,000 MT. Adverse weather conditions have been reported to have affected yields.
The overall food processing sector is growing at about five percent per year, with dairy, bakery, and processed fish products among the leading sectors.
With per capita income of over $9,152 and a middle and upper class making up 50 percent of the population, Malaysia shows good potential for growth as a market for high value consumer products.
MY 2016 Turkish cotton crop is now estimated at 400,000 hectares and 705,000 metric tons (MT) (3.2 million bales). Suitable weather conditions, quality seeds and good farming practices...
MY2016 is expected to be a good year for all deciduous fruits in Turkey.