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Post projects Calendar Year (CY) 2024 Argentine chicken meat production at 2.4 million metric tons (MT), up slightly from CY2023 levels. CY2024 exports are projected at 140,000 MT as Argentina recovers from its first Highly Pathogenic Avian Influenza (HPAI) outbreak.

On January 5, 2024, The Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy authorized for the first time the commercialization of four genetically modified (GM) yeasts to enhance bioethanol production through grain fermentation. Industry supports this decision and expects it to help pave the way for a cleaner and more sustainable future in fuels.

Taiwan published its annual list of food and agriculture imports receiving enhanced border inspection in 2024. U.S. fresh cherries are the only U.S.-origin item on the list. This announcement is effective from January 1, 2024 to December 31, 2024.

Post lowers marketing year (MY) 2022/2023 soy production at 20.5 million metric tons (MMT) still below the USDA official on lower than expected harvest area and yields due to drought. Post lowers MY2022/2023 crush to 26 MMT due to decreased exports and the lowest crush operation rates decades during recent months.

On December 25, 2023, Taiwan announced that U.S. cherries exported to Taiwan will undergo enhanced border inspection (20 – 50 percent inspection rate) from April 1 until September 30, 2024.

In 2022, Taiwan was the seventh largest export market for U.S. food and agricultural products, valued at over $4.4 billion. Imported food and agricultural products must comply with a range of laws designed to protect human health and prevent the introduction of animal and plant pests or diseases.

This report lists major export certificates required by the Taiwan government to export food and agricultural products to Taiwan.

On December 22, 2023, Taiwan completed the last tender for 6,000 MT of U.S. long grain brown rice. This purchase concludes the tenders for the 2023 country specific quota (CSQ) for U.S. rice.

Effective January 1, 2024, Taiwan reduced the number of U.S. seafood products eligible for export to Taiwan. The change reduces the number of eligible seafood HS codes from 65 to 55.

Argentine imports of consumer-oriented food and beverages in 2023 are projected to remain at 2022 levels, due to continuing economic uncertainty, weak consumer spending, and the expectation of another year of high inflation.