News from April 2023
Indonesia: Government of Indonesia Orders the Importation of 2 MMT of Rice to Replenish Emergency Stocks
By USDA Newswire Report | Apr 11, 2023
This report modifies the rice consumption, trade, and stocks analysis of the 2023 Grain and Feed Annual for Indonesia in light of new official information.
India: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
FAS New Delhi (Post) forecasts India’s market (MY) 2023/2024 (April-March) wheat production at 108 million metric tons (MMT) resulting from 31.9 million hectares.
Mexico: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
FAS Mexico forecasts for marketing year (MY) 2023/24 reductions in production, consumption, and trade due to low domestic and global demand for textiles and Government of Mexico (GOM) refusal to approve new genetically engineered (GE) seeds.
India: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
FAS Mumbai estimates marketing year (MY) 2023/24 India cotton production at 25.5 million 480 lb. bales on 12.4 million hectares area planted, a decrease from the previous year due to the expectation that farmers will shift cotton acreage to higher return crops such as oilseeds and pulses.
Thailand: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
Thailand’s food and beverage industry contributes significantly to the country’s economy.
Mexico: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
Mexico’s food processing industry is the third-largest in the Americas behind the United States and Brazil and is among the top 15 worldwide.
Netherlands: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
The turnover of the Dutch food processing industry in 2021 (most recent data available) was valued at $83 billion.
India: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
The potential to introduce U.S. origin food processing ingredients into the Indian market remains strong, due to rising demand for snacking and consumer-oriented food products.
Philippines: Adapting Philippine Agriculture to Climate Change
By USDA Newswire Report | Apr 11, 2023
At least 1.25 million poor farmers and 5 million indirect beneficiaries will benefit from Adapting Philippine Agriculture to Climate Change (APA), a $39.3-million project approved to foster climate-resilient agriculture (CRA), and develop the Philippine agriculture sector.
Venezuela: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
In Marketing Year (MY) 2023/24, Post forecasts increases in corn and rice production due to improved access to high-quality agricultural inputs and seeds in Venezuela.
Japan: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
This report highlights Japan’s food processing industry, notable trends, and a market snapshot of western Japan.
Colombia: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
This report outlines the conditions facing Colombia´s food and beverage industry, highlighting its 7 percent growth.
Italy: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
The Italian food-processing industry continues to be highly fragmented, characterized by growing consolidation of smaller companies.
Honduras: Food Processing Ingredients
By USDA Newswire Report | Apr 11, 2023
Honduras is the 24th largest market for U.S. agricultural exports, and the third largest market under the Free Trade Agreement (CAFTA-DR), which entered into force for Honduras in 2006.
Egypt: Grain and Feed Annual
By USDA Newswire Report | Apr 11, 2023
FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2023/24 (July – June) to increase by almost 2.9 percent from the previous marketing year due to population growth.
Bangladesh: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
For marketing year (MY) 2023/24, Post forecasts cotton imports at 8.5 million bales.
Greece: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
Greece’s MY 2022/23 cotton production is estimated at 1.30 million 480 lb. bales, down 10 percent from the previous season due to a decrease in area planted.
China: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
Marketing year (MY) 23/24 cotton imports are forecast at 1.8 million metric tons (MMT) on higher domestic demand for textile and apparel products and higher spinning demand.
Indonesia: Cotton and Products Annual
By USDA Newswire Report | Apr 11, 2023
Indonesian cotton imports in 2023/24 are forecast to remain stable at 2.0 million bales assuming spinners will use more inventory on hand before making new purchases.
Nicaragua: Oilseeds and Products Annual
By USDA Newswire Report | Apr 11, 2023
FAS/Managua projects marketing year 2023/24 Nicaraguan peanut production to return to historic high levels, near 200,000 metric tons on an in-shell basis, as deteriorating political conditions and rising economic instability improve the risk-reward calculations of peanuts relative to longer-term investments in sugar or cattle.