Browse Data and Analysis

Heat stress resulting from an unprecedented spike in temperatures beginning in the mid-March 2022 has had a marked impact India’s wheat crop. Yields are 10-15 percent down, driving India’s forecasted market year (MY) 2022/23 (April-March) wheat production down from 110 million metric tons (MMT) to 99 MMT.

On May 16, 2022, the Government of Mexico (GOM) published a presidential decree temporarily exempting the payment of import duties on 66 tariff lines covering staple food items and basic commodities for food processing. The tariff suspension is part of the GOM’s recently announced Program to Combat Food Price Inflation and Scarcity (PACIC).

This report provides an update on Turkey’s export ban on select agricultural products to stabilize local market conditions and keep food prices from running higher.

Having pegged its nationally acceptable limit of aflatoxin in peanut at 10 parts per billion (ppb) as far back as 2018, Ghana could well be leading, and not just supporting the regional block’s preference of setting the MRL for aflatoxin in peanut at 10 ppb.

On May 5, 2022, trade and finance ministers from East African Community (EAC) member countries agreed to raise minimum common external tariffs from 25 to 35 percent on several agricultural products.

On May 10, the National Development and Reform Commission (NDRC) issued the “14th Five-Year Plan for Bioeconomic Development,” with the intention to accelerate breakthroughs and achieve scientific and technological self-reliance in four key areas of bioeconomic development, including bio-agriculture and bioenergy.

In May 2022 the New Zealand (NZ) Government released their First Emission Reduction Plan (ERP). The ERP outlines the proposed focus points and actions as required by the climate change response (Zero Carbon) Amendment Act of 2019.

To stem the burgeoning current account deficit and declining foreign exchange reserves, on May 19, 2022, Pakistan banned imports of many categories of agricultural products.

Post forecasts consumption of cotton in the Malaysian textile industry at 290,000 bales in marketing year (MY) 2022/23, a 3.3 percent drop from the previous year post’s estimate.

On April 22, 2022, Japan launched a public-private partnership to facilitate the introduction of an international competitive supply chain for sustainable aviation fuel (SAF).

Coffee production for marketing year (MY) 2022/23 (April to March) is forecast at 354,000 60-kg bags of Green Bean Equivalent (GBE) basis, an increase of 36 percent over the MY 2021/2022 estimate of 261,000 60-kg bags, due an increase in expected area harvested and improved pruning techniques.

Container freight shipments have slowed to a trickle since a cyberattack took Costa Rica’s customs and taxation systems offline on April 18. Significant delays and increased costs are compounding challenges faced by Costa Rican importers already coping with pandemic-related supply chain disruptions and the war in Ukraine.