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- (-) August 2024
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In MY 2024/25, EU production of stone fruits (peaches and nectarines, and cherries) is estimated to exceed last season's levels. Favorable conditions across many growing Member States support a production recovery, which is projected to allow for both larger exports and domestic consumption.
On August 21, 2024, the Ministry of Commerce (MOFCOM) of the People's Republic of China (PRC) announced that it had initiated an anti-subsidy (i.e., countervailing duty or CVD) investigation on imports of certain dairy products originating from the European Union.
In 2023, consumption of bioethanol and biomass-based diesel (BBD) are estimated to have increased by respectively 4.5 percent to 6.58 billion liters and 0.6 percent to 17.98 billion liters. For bioethanol, the expansion is mainly due to gasoline fuel pool growth, while growth for BBD is entirely due to increased blending.
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.
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.
Typhoon Gaemi swept through Taiwan July 24-25, 2024, causing widespread flooding and damage to agriculture particularly in Southern part of Taiwan. The estimated loss - in crop, livestock and fish production - exceeds $86 million.
EU grain production in MY 2024/25 is expected to decline from last year’s levels due to a combination of smaller area planted to grains and lower yields affecting all grains except for barley and oats.
Taiwan is a mature market for U.S. fruits. Among stone fruits, Taiwan produces peaches domestically but does not produce nectarines or cherries. Fruit consumption in Taiwan remains consistent, with stable demand for cherries.