Browse Data and Analysis

Corn leads the charge with exports forecast at 37 million tons, the third highest in history as farmers return in force following the MY2023/24 corn stunt or chicharrita setback.

Vietnam’s livestock and aquaculture sectors expanded in Calendar Year (CY) 2024 on steady economic growth and lower feed prices. Feed importers have increased purchases and diversified suppliers.

Argentina’s oilseed sector enters marketing year (MY) 2025/2026 with diverging trajectories across key crops. Soybean area is forecast to contract by nearly one million hectares as producers revert to traditional corn rotations following a soy-heavy year driven by pest concerns.

Cotton imports are forecast to grow by six percent to 7.6 million bales in marketing year (MY) 2025/26 based on expected growth in the textile and yarn sector.

On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.

The Vietnamese food processing industry grew by 7.4 percent in 2024 to $79.3 billion and food ingredient demand is expected to remain strong.

Vietnam’s soybean crushers are expanding capacity with new production lines coming online in the 2024/25 and 2025/26 marketing years.

This report is an overview and update of regulations and standards for importing U.S. food and beverage products to Argentina.

On March 11, 2025, the General Department of Customs and Excise of Cambodia announced the import ban on frozen pork offal would end on March 12, 2025. Cambodia placed a temporary ban on several types of Frozen offal in March 2024, the ban on all other affected products was lifted in September 2024.

Argentine beef exports in 2025 are forecast to decline to 770,000 metric tons carcass weight equivalent (CWE), primarily due to a projected decrease in beef production and production costs in dollar terms that are higher than those of neighboring competitor countries.

On February 18, 2025, Vietnam's National Assembly approved a major government restructuring, consolidating ministries and agencies, eliminating certain National Assembly and Party committees, and dissolving multiple state-run organizations to streamline operations and support economic growth.

Argentina’s oilseed sector faces a mixed outlook in MY 2024/25, Post lowers soybean production to 49 MMT, impacted by drought but showing signs of recovery, while sunflower (4 MMT) and peanut (1.605 MMT) production remain strong.