News from April 2023
Indonesia: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
High commodity prices in the international market during the last term of 2022 are expected to impede the growth of 2022/23 Indonesian wheat imports and curb the use of wheat in feed formulation.
Chile: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
In marketing year (MY) 2023/24, Post forecasts wheat area harvested will reach 215,000 hectares (ha) and production will total 1.32 million metric tons (MMT), unchanged from MY 2022/23 as production was limited by the high costs of inputs.
Bangladesh: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
For marketing year (MY) 2023/24, Post forecasts rice harvested area and production at 11.9 million hectares and 37.1 million metric tons (MT), respectively.
Mexico: Mexico Approves a Decree to Reduce Trans Fats
By USDA Newswire Report | Apr 11, 2023
On Friday, March 24, 2023, the Federal Registry published to the addition of “Article 216 Bis” to the General Health Law related to trans fats.
Vietnam: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
Vietnam’s food processing and manufacturing sector grew by 8.8 percent in 2022 versus 2021, while food retail revenue increased by 10 percent.
Pakistan: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
Cotton production is forecast to rebound 36 percent to 5.3 million bales in 2023/24.
Saudi Arabia: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
Recent available data indicates that Saudi Arabia imported approximately 2.7 million metric tons (MMT) of barley in the first six months of MY 2022/23 (July – December 2022), an increase of approximately 11% compared to the same period last year (2.46 MMT).
Thailand: Rice Price - Weekly
By USDA Newswire Report | Apr 11, 2023
Rice export prices increased 2-3 percent, reflecting new inquiries that offset the depreciation of the Thai baht.
Pakistan: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
Despite?a slight reduction in planted area, 2023/2024 wheat production is forecast to reach 27.0 million tons, two percent higher than last year.
Turkey: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
Turkiye’s food and beverage sector depends on domestic and imported ingredients, a large portion of which are sourced from Europe.
Turkey: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
The February 6, 2023 earthquakes greatly affected Kahramanmaras, the center of Turkiye's cotton yarn and textile production, but the industry is already on the road to recovery.
Ghana: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
Assurances of support from bilateral creditors and the IMF, and goodwill from the international community in helping Ghana weather the economic storm has offered a brighter hope of an economic resurgence.
Vietnam: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
Post estimates that Vietnam cotton imports in marketing year 2022/23 (MY22/23) will decrease at least 5 percent year on year to nearly 6.3 million bales due to ongoing global low demand for textile and apparel products.
Peru: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice.
Vietnam: Oilseeds and Products Annual
By USDA Newswire Report | Apr 11, 2023
Vietnam’s economy has continued to rebound after the COVID-19 pandemic, while also being affected by global inflation and local price hikes for ingredients.
Israel: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
With over 1,800 facilities, the Israeli food processing sector is an important player in the domestic economy.
South Africa: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
This report provides more information on the South African food processing sector, including strategies for U.S. exporters interested in entering the market.
South Africa: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
South Africa is on course to produce a fourth consecutive bumper corn crop in MY 2022/23, which creates a bearish outlook on local corn prices and will limit growth in the area to be planted with corn in MY2023/24.
Indonesia: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
Indonesia currently imports 65 percent of the raw materials needed for its growing food processing industry. In 2022, exports of U.S. agricultural products to Indonesia increased by nine percent largely due to higher demand for soybean, dairy and beef.
Ecuador: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
The food processing industry is an important component of Ecuador’s manufacturing sector.