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On October 18, 2024, China notified National Food Safety Standard for Sterilized Milk Amendment No. 1 to the World Trade Organization (WTO) under G/SPS/N/CHN/1322.
Milk production for 2025 in Australia is forecast to increase by 1.1 percent to 8.8 million metric tons (MMT) after strong growth of 2.7 percent for 2024 at an estimated 8.7 MMT from previous years of declining production.
On August 21, 2024, the Ministry of Commerce (MOFCOM) of the People's Republic of China (PRC) announced that it had initiated an anti-subsidy (i.e., countervailing duty or CVD) investigation on imports of certain dairy products originating from the European Union.
Milk production in Australia for 2024 is estimated to increase, for the first time since 2020, by 3.3 percent to 8.75 million metric tons (MMT). Industry confidence is elevated by high milk prices for dairy farmers over recent years and, also lower feed and fertilizer prices and broadly good seasonal conditions in 2024.
Post increased its estimate of raw milk production in 2024 due to a larger dairy cow inventory. Imports of fluid milk, whole milk powder (WMP), and skimmed milk powder (SMP) are estimated to all decline in 2024 due to higher domestic milk production.
On March 12, 2024, the People’s Republic of China (PRC) National Health Commission (NHC) and State Administration for Market Regulation (SAMR) jointly published 47 new or updated national food safety standards and six amendments.
On January 19, 2024, China’s State Administration for Market Regulation (SAMR) released a letter soliciting public comments on an update to the Food Safety Law. The revision added new registration requirements for liquid formula milk for infants and...
On December 11, 2023, the People's Republic of China (PRC) Secretariat of National Food Safety Standard Review Committee of the National Health Commission (NHC) published an announcement soliciting public comments on 21 national food safety standards...
On December 21, 2023, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select commodities in 2024.
Milk production for 2024 in Australia is forecast to increase by 0.6 percent to 8.50 million metric tons (MMT) after stabilizing in 2023 at an estimated 8.45 MMT from previous years of declining production. The forecast is amid an El Niño weather pattern in late 2023, likely to continue into 2024.
On October 25, 2023, China notified the National Food Safety Standard for Raw Milk No. 1 Amendment to the World Trade Organization (WTO) under G/SPS/N/CHN/1288.
On October 25, 2023, China notified the National Food Safety Standard for Modified Milk to the World Trade Organization (WTO) under G/SPS/N/CHN/1287. The proposed date of entry into force is to be determined. Comments may be submitted to China’s SPS...