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- (-) October 2024
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Australian winter crops have had very challenging seasonal conditions for MY 2024/25, including low soil moisture at planting, below-average rainfall, and frost damage.
On October 7, 2024, the Government of the Dominican Republic announced a proposed a tax reform bill that could have significant implications for U.S. agricultural exports, particularly in the pork, beef, and beverage sectors.
Australia’s table grape production is forecast to increase to 230,000 metric tons (MT) in marketing year (MY) 2024/25, the second largest on record, from an estimated 195,000 MT in MY 2023/24.
FAS China forecasts commercial production of in-shell walnuts to rebound 11 percent to 1.5 MMT in MY 2024/25 supported by favorable growing conditions in major production areas. Improved world supplies and changing dietary concepts will likely drive nut imports to continue rising.
The Dominican Republic (DR) is the third-largest export market in the Western Hemisphere for U.S. consumer-oriented products. In 2023, U.S. exports of these products to the DR exceeded $1 billion, largely due to strong demand from foreign tourism and the retail sector.
For marketing year October 2024/September 2025 (MY 2024/25), Post forecasts overall sugar production in the Dominican Republic (DR) to increase to 520,000 metric tons (MT) due to better-than-expected rainfall patterns.