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The outlook for Mexican grain production in marketing year (MY) 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on farmer planting decisions on more average weather conditions and a gradual recovery from exceptional drought conditions.

With the development of several billion-dollar projects and nearly 30 million visitors a year, the future for U.S. grain exports is bright. Post anticipates Saudi rice imports to increase approximately five percent over the next several years due to expansions in the food service sector.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: U.S. Agricultural Exports Grow For The First Time Since 2018; Mainland Tourists Do Not Stay Overnight and Spend Less...

In 2023, Portugal imported $293 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.

In 2023, Spain imported $2.2 billion worth of agricultural, seafood and forest products from the United States, up 3 percent compared to the previous year. Even though inflation rates declined in 2023 as compared to the record highs registered in 2022, they remained higher compared to pre-pandemic levels.

Rice export prices stayed virtually unchanged as the strengthening of the Thai baht offset the downward price pressure from new off-season MY 2023/24 rice supplies entering the market.

On February 21, 2024, The Government of Rwanda (GoR) published a new biosafety law providing requirements for the transit and utilization of living modified organisms (LMOs) produced through modern biotechnology techniques. This law enters effect immediately.

Post lowers marketing year (MY) 2023/2024 production to 49.5 million metric tons (MMT), still nearly double last year’s crop, based on a stretch of dry and hot weather in the major production areas despite previous ideal rains following planting.

The People's Republic of China (PRC) is one of the largest producers and consumers of seafood in the world. In particular, live seafood products represent a significant market opportunity given the United States advanced cold chain facilities and ability to transport live seafood.

On February 9 and February 12, 2024, China notified the revised draft National Food Safety Standard of General Principles for the Labeling of Prepackaged Foods to the World Trade Organization (WTO) under G/SPS/N/CHN/1295 and under G/TBT/N/CHN/1827.

FAS India (New Delhi, Mumbai) (Post) is updating the earlier GAIN-INDIA | IN2020-0195 | FSSAI Publishes Regulations for Alcoholic Beverages report.

This report aims to educate U.S. food manufacturers on the unique and subtle differences in doing business in Canada, relative to the United States.