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Post lowered MY2023/24 rice production estimate to 19.6 MMT due to water supply concerns.
In July, Vietnam's rice exports surged to 656,869 tons, with its primary export markets being the Philippines, Indonesia, Ivory Coast, Ghana, and China. Notably, shipments to the Philippines soared to 239,400 tons, marking a 45% spike from the previous month and securing a 36% share of the export market.
Marketing year (MY) 23/24 cotton production is lowered to 5.9 million metric tons (MMT) on reduced planted area and raised for MY 22/23 to 6.68 MMT on higher planted area and reported volumes of classified Xinjiang cotton.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Food Companies Return to FoodExpo After Three-Year Hiatus; Hong Kong’s Economic Recovery Softens in Second Quarter; Trade Volume External Merchandise Lowers in June; Hong Kong Plays Host to 3.6 Million Travelers in July
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.
The U.S.-Japan Trade Agreement (USJTA) entered Year 5 of the agreement implementation on April 1, 2023.
On August 24, the General Administration of Customs of China (GACC) suspended all imports of aquatic products (including edible aquatic animals) from Japan, effective immediately.
Most U.S. dairy facilities registered to ship dairy products to the People’s Republic of China (PRC) will have their registration status expire on August 31, 2023.
On August 24, the Ministry of Agriculture and Rural Affairs (MARA) published on its website the transcript of a question-and-answer session on agricultural biotechnology.
Chicken meat production is forecast to decline from both white broiler and yellow broiler in 2024 due to import constraints the People’s Republic of China (PRC) placed on avian genetics and related materials for Highly Pathogenic Avian Influenza (HPAI)-related reasons and for continued live poultry market closures.
On July 21, 2023, the People’s Republic of China (PRC) Ministry of Agriculture and Rural Affairs (MARA) announced its approval of two new varieties of feed additives, four feed ingredients, and modifications to the feed additives and ingredients catalogs.