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Weekly summary of U.S. export sales activity for key commodities.
Zambia’s production of its staple crop, corn, is expected to drop by more than 50 percent in marketing year 2024/25, due to extended dry spells associated with the El Niño event. Almost a million hectares of corn have been destroyed by the drought that forced the Zambian President to declare a “National Disaster and Emergency”.
In 2024, the Netherlands lost its manure derogation, an exception through which Dutch farmers could spread more manure on their land than stipulated in the EU Nitrate Directive.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Vinters Develop Asian Markets In Earnest; Hong Kong’s First Quarter GDP Expands 2.7 Percent; Unemployment Rate Stays at 3 Percent; Expanded Hong Kong Solo Travel Scheme Will Bring Extra Tourists; Macau’s Economic Output Expected to Return to Pre-Pandemic Levels in 2025...
On April 1, 2024, Angola issued Presidential Legislative Decree No. 1/24 – a new Schedule for Customs Tariffs of Import and Export Duties. The new tariff schedule aims to generate more government revenue while also protecting domestic production.
On May 24, 2024, the Ontario provincial government announced an accelerated plan to allow sales of wine, beer, cider, and ready-to-drink alcoholic beverages in grocery and convenience stores by the end of October 2024. The initial timeline provided for implementation to begin in January 2026.
Australia is a prosperous and industrialized nation with a stable economy. The country’s strong economy underpins its open and transparent trade and investment environment and trade and economic links with emerging economies, particularly in Asia.
On April 15, 2024, the Indian Metrological Department (IMD) predicted above normal 2024 monsoon rains. FAS New Delhi (Post) market year (MY) 2024/2025 (April-March) wheat production is forecast at a record 114 million metric tons (MMT), same as the U.S. Department of Agriculture (USDA) official forecast, on higher than initially expected yields in the northern Indian states due to favorable weather through the harvest.
The Ministry of Health is the competent authority for identifying principles, procedures, and enforcement related to health claims made on the labels, presentation, and advertising of foods and food supplements for the end consumer.
Japan’s Ministry of Agriculture, Forestry and Fisheries invites public comments on proposed revisions of the Japan Agricultural Standards for cross laminated timber (CLT), sawn lumber (except dimension lumber), and flooring through July 2, 2024. Comments must be submitted in Japanese.
The Malaysian food and beverage sector continues to grow steadily. U.S. exporters can expect new opportunities in the expanding food manufacturing sector especially for food ingredients.
Mexico’s 2024 tomato production is forecast at 3.30 million metric tons (MMT), a two percent increase over 2023, driven by export demand and investment in protected agriculture systems.