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Infographic illustrating the increase in farm exports in FY 2017 to $139.8 billion
MY2017/18 rice and corn production is minimally affected by flooding during July – August 2017.
This is a policy update for poultry, poultry products and eggs destined for the Republic of Korea.
Peach and nectarine consumption is expected to remain stable in 2017 with imports expected to meet nearly half of demand, though the United States holds an import market share of 75 percent.
Favorable weather conditions in marketing year (MY) 2016/17 increased Japanese cherry production to 19,800 MT.
Export prices for most grades of rice further declined 1 to 2 percent, except for fragrant rice prices, which increased significantly.
New Zealand total cattle numbers continue to increase and are forecast to reach 10.38 million head by 2018, up by 1.2 percent from 10.26 million head in 2017.
Taiwan continues to be a top export market for U.S. grains
China’s food processors are increasingly seeking to import food-grade soybeans to meet consumer demand for soy-based foods.
Hong Kong’s total pork imports registered a modest two percent growth by volume from January – June, 2017, as lower demand from mainland China reduced re-export prospects for Hong Kong.
On July 20, 2017, China notified the World Trade Organization of draft standards on 421 maximum residue limits (MRLs) for 112 pesticides in foods, as SPS/N/CHN/1054.
The Australian biofuel industry and market remain small because mandates do not cover the entire country and remain modest compared to other countries with biofuel programs, and tax relief....