Browse Data and Analysis

Post forecasts marketing year 2023/24 production at 1.1 million 480-bales, a 30 percent decline compared to the previous year due to higher input costs and lack of access to new genetically engineered seed varieties.

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.

For marketing year (MY) 2022/23, Post revises fresh lemon production estimates to 1.65 million metric tons (MMT), down 6.5 percent from the official USDA estimate due to continued adverse weather and poor economic conditions, especially for smaller producers.

Bioethanol consumption in 2023 is forecast at 1.17 billion liters, the highest on record, because of strong gasoline demand and a high blend rate.

U.S. rough rice exports have plummeted and the decline of Costa Rican rice production has accelerated sharply following the Government of Costa Rica’s August 2022 tariff rate reduction on imported rice from all origins.

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.

Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for 7 agricultural chemicals (Buprofezin, Cyflufenamid, Dicloromezotiaz, Dimesulfazet, 1,4-Dimethylnaphthalene, Pydiflumetofen, and Cyfluthrin) for various agricultural commodities.

FAS/Tokyo forecasts a drop in 2024 cattle inventory on greater slaughtering of dairy cows, slower calf production, and no live cattle imports in 2023 and 2024.

Chilean cherry area planted reached 61,599 hectares (ha) in marketing year (MY) 2022/23. Post projects that MY 2023/24 cherry production will reach 500,000 metric tons (MT), which represents a 6.6 percent increase over MY 2022/23.

Japan’s MY 2022/23 cherry production recovered. FAS/Japan forecasts cherry production will further increase in MY 2023/24 due to favorable weather conditions.