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Post raises its marketing year (MY) 2024/25 cotton production estimate to 6.2 million metric tons (MMT) on record high yields of more than 2.1 MT per hectare.

This report provides the latest status of consumption, regulation, public perception, research, development, production, government policy, and use of agricultural biotechnology in Japan. In general, Japan uses a science-based process for evaluating and granting approval for import and production of genetically engineered products.

FAS Bangkok forecasts Thailand’s rice and corn production to increase in MY 2024/25 in response to improvement in average yield due to higher water supplies, compared to MY 2023/24.

Vietnam’s cotton imports for marketing year 2024/25 (MY 2024/25) are estimated at 6.8 million bales, up 4 percent over MY 2023/24 based on an expected recovery in global demand for textiles and garments by late 2024.

Export prices rose 1-3 percent from the previous week as the Thai baht strengthened and exporters continued to secure the rice supplies to fulfill contract shipments.

Turkiye’s cotton production in marketing year (MY) 2024/25 is forecast to increase to 865,000 metric tons (MT; 3.97 million bales), since farmers planted cotton on larger area in response to temporary cotton price hikes during the planting season and because of better yields compared to last MY due to better weather conditions.

Under a new policy, importers of wine and distilled spirits whose domestic agents are registered within the Shanghai Free Trade Zone are no longer required to register the U.S. producer name and brand as a trademark in China prior to commercial sales.

The Government of Japan (GOJ) has opened the public comment period for the “amendment of positive list of synthetic resins used for food apparatus, containers, and packaging.”

Rice export prices dropped 2-4 percent due to the weakening of the Thai baht despite a strong demand for Thai rice.

The Hong Kong market has developed into a dynamic wine export destination since the abolishment of wine tariffs in 2008. The slow recovery of the global economy dampened the city’s global imports of wine in 2023.

MY2024/25 coffee production is forecast at 29 million bags green bean equivalent (GBE) as higher coffee prices encourage coffee farmers to invest more in production, helping to stabilize production.

Despite the challenges posed during COVID-19, Western Japan’s hotel industry has recovered to pre-pandemic levels largely due the influx of inbound travelers seeking to capitalize on the weak yen.