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This report analyzes all vegetable oil markets in Korea, whether for food or industrial use, and covers oils derived from soybean, palm, palm kernel, olive, rapeseed/canola, grapeseed, sunflower seed, corn, coconut, sesame, perilla seed (a leafy plant from the mint family), and rice bran.
Australia’s food, beverage, and grocery sectors, contribute to a third of all business activity in the manufacturing landscape.
Post forecasts economic headwinds will continue to impact consumption of both pork and beef in 2024. Swine and pork production in 2024 will be marginally down 3 percent as persistently low live hog and pork prices weigh on producers.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Getting Ready for Lunar New Year With American Lobster; Join us Asia Fruit Logistica 2024; Hong Kong Economy Rebounds to Expand 3.2 Percent in 2023...
Rice export prices increased 1-2 percent due to the strengthening of the Thai baht and the demand for white rice from Indonesia.
FAS/Tokyo projects Japan’s beef production in 2024 will be almost flat from 2023 because fewer cows will be culled now that milk production has dropped enough to match demand.
From February 23, 2024, U.S. wines can access the Thai market duty-free and with lower excise taxes.
Rice export prices remain unchanged as the downward price pressure from the new supplies of white rice offsets the strengthening of the Thai baht.
On February 12, 2024, the People’s Republic of China (PRC) notified the National Standard for Seed of Economic Crops – Part 2: Oil Species (Draft) to the World Trade Organization (WTO).
On February 12, 2024, the People’s Republic of China (PRC) notified the General Directive for Labeling of Agricultural Seeds (draft) to the World Trade Organization (WTO).
On January 26, the People’s Republic of China published draft “Measures for the Management of Red Lines for Protection of Permanent Basic Farmland,” for public comment through February 26, 2024.
On February 12, 2024, the People’s Republic of China (PRC) notified the National Standard for Seed of Food Crops – Part 1: Cereals (Draft) to the World Trade Organization (WTO).