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EU27 sugar production forecast for market year (MY) 2023/24 is projected at 15.3 million metric tons (MMT), resulting from reduced beet acreage in France and increased plantings in other member states.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Launches Branding Video Campaign on Social Media; Hong Kong Workforce Sees Biggest Decline in Decades
The European Union (EU) follows a complex, rolling system of review for active ingredients and Maximum Residue Levels (MRLs) in food. For agricultural inputs, U.S. farmers must know early in the process of review to prevent or mitigate the loss of, and/or access to, chemical inputs.
In MY 2023/24, EU’s grain production is anticipated to reach 285 MMT, up from the 267 MMT registered the previous season, when a severe drought pushed yields down. Favorable initial crop development conditions are reported across the EU, although spring rains in the EU’s southwest will be critical to replenish soil moisture and allow for yields to bounce back to average levels.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Local Food Traders Celebrate the Return of the U.S. Food and Beverage Showcase; Hong Kong Outbound Tours Bounce Back; Hong Kong Jobless Rate Dips to Three-Year Low; Hong Kong’s Inflation Rose 1.7 Percent in February.