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- (-) November 2016
- (-) South Africa
- (-) Thailand
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MY2016/17 cotton imports are likely to recover from a recent downturn in anticipation of a sustained economic recovery and increased domestic demand for garments in the first half of the year.
On November 8, 2016, Thailand informed the World Trade Organization about a draft regulation on good practice certification and labelling requirements for packing houses of fruits and vegetables.
Export prices rebounded to pre-harvest levels. Also, the cabinet approved the expansion of the pledging program to include all MY2016/17 main-crop rice varieties.
Export prices further declined approximately one percent due mainly to the weakening of the Thai Baht. Domestic prices remain under downward pressure.
Export prices increased one percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market.
Post forecasts that the deciduous fruit sector will continue to experience growth based on the increases in investment and area planted being driven by the weak rand and increases in export revenue.
Export prices are declining, particularly for fragrant rice, as the majority of new-crop supplies are entering the market. In response, the government has increased the intervention price...
Rice prices have trended downward as MY2016/17 main-crop rice supplies have begun to enter the market.
New regulations will change inspection fees for imports of uncooked meat and slaughtering fee ceilings (the equivalent to inspection fees) for domestic livestock.
Under normal climatic conditions and taking into account the subsistence farming sector, South Africa’s total corn crop for the 2016/17 MY could reach 12.8 million tons.