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Soybean exports to Japan will increase in MY 2019/20 and MY 2020/21 due to a favorable soybean crush margin and advance contracting by crushers.
Canadian total oilseeds production was down in marketing year (MY) 2019/20 for the second consecutive year due to reduced area planted and poor weather conditions.
Australian oilseed production in marketing year (MY) 2020/21 is forecast to begin to recover following years of drought-impacted crops.
Taiwan’s demand for grain and feeds is forecasted to slow over the coming year as the economic impacts of the novel coronavirus outbreak bite.
South Korean wine imports reached a record $259 million in 2019, up 6.3 percent from 2018. U.S. wine exports to Korea increased 11.6 percent in 2019 to $34 million.
On March 20th, 2020 the Salvadoran Legislative Assembly issued decree 604 temporarily eliminating import tariffs on certain products to guarantee sufficient supply during the COVID-19 emergency.
On March 15, 2019, Guatemala and Honduras approved a harmonized biotechnology and biosafety regulation for Genetically Engineered (GE) plants, the first in Central America.
Rice export prices increased around 3 percent to a seven-year record high in response to Vietnam’s temporary ban on rice exports.
Post estimates India’s cotton production will decline by nearly two percent to 28.78 million 480-lb. bales in marketing year (MY) 2020/21, due to lower harvested area at 12.64 million hectares.
The food processing sector is critical to India’s growth as it helps facilitate crop diversification and product innovation.
Egypt imported some $6.3 billion worth of food ingredients in 2019, up about $100 million compared to imports in 2018
On February 23-24, 2020, FAS/Cairo along with the North Dakota Trade Office coordinated the visit of pulses suppliers to Egypt to market U.S. peas, lentils, chickpeas, and dry edible beans.