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Brazil is the world’s second-largest ethanol and third-largest biodiesel producer but has yet to introduce renewable diesel or sustainable aviation fuel. Post forecasts total ethanol production at 32.5 billion liters in CY 2024, with cane ethanol forecast at 25.5 billion liters and corn ethanol production at seven billion liters.

Rice export prices remain unchanged despite the appreciation of the Thai baht against the U.S. dollar, except for parboiled and fragrant rice prices which increased 1-2 percent, following the steady export demand.

The People’s Republic of PRC (PRC) bio-based diesel (BBD) exports are expected to drop following the EU provisional antidumping duties of up to 36.4 percent on biodiesel and hydrogenation-derived renewable diesel (HDRD), though sustainable aviation fuel will provisionally be excluded from further duties.

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

On August 20, 2024, the Philippines notified the World Trade Organization (WTO) of GBT/TBT/N/PHL/336 on the Guidelines on the Adoption of Codex Guidelines for Ready-To-Use Therapeutic Foods (RUTF) (CXC 95-2022) as Technical Regulation.

The Philippines recently notified regulations on follow-up formula or milk supplements and products for young children to the World Trade Organization.

Brazil is the third-largest cattle producer and second-largest beef exporter in the world. Post forecasts decreased slaughter in 2025, due to the forecasted start of the reversion of the cattle cycle. Producers are likely to start retaining cattle in 2025, driving calf prices upwards.

On July 11, 2024, China notified draft National Food Safety Standard Food Additive Dibutyl Hydroxytoluene (BHT) to the World Trade Organization (WTO) under G/SPS/N/CHN/1306.

The report details the Department of Agriculture's regulation on the criteria, methods, and conditions for certifying genome-edited plants. This regulation enables Thailand to access new plant varieties, enhancing the country’s ability to address food security and climate change challenges.

China notified the National Food Safety Standard: Cooked Meat Products (draft for comments) to the WTO Committee on Sanitary and Phytosanitary (SPS) Measures as G/SPS/N/CHN/1313 on July 11, 2024.

On July 11, 2024, China notified draft Measures for Supervision and Administration of Quarantine for Entry and Exit Medicinal Materials to the World Trade Organization (WTO) under G/SPS/N/CHN/1314.

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.