Taiwan: Grain and Feed Annual

  |   Attaché Report (GAIN)   |   TW2024-0015

Contact:

Office of Agricultural Affairs, Taipei   |   (011-866-2) 2162-2316

Link to report:

Taiwan: Grain and Feed Annual
In MY2024/2025, Taiwan’s wheat imports are forecast at 1.4 MMT. The United States is expected to recover market share from Australia due to better competitiveness and availability. MY2023/2024 and MY2024/2025 corn imports are forecast to recover to 4.55 MMT due to improved feed demand outlook, with restocking in both the hog and poultry sectors. In MY2023/2024, the United States is expected to regain some market share as U.S. bulk prices from the west coast are more competitive as a result of logistics challenges impacting both the Panama Canal and near the Red Sea. MY2023/2024 rice production is estimated to increase to 1.2 MMT on greater planting area and water availability. Since 2022, Taiwan has temporarily removed the import tariff for wheat and waived business taxes on imported wheat, corn, and soybeans. These measures have relieved some inflationary pressures and are currently set to expire on June 30, 2024.
East Asia and the Pacific, Taiwan
Grains, Feeds and Fodders, Corn, Rice, Wheat

Database Source:

Related Reports

View More
Attaché Report (GAIN)

European Union: European Union Finalizes New Rules for Packaging and Packaging Waste Reduction: TEST EDIT

In March 2024, the Council of the European Union and European Parliament concluded negotiations on the EU’s Packaging and Packaging Regulation. The current text is going through a legal review but is now de-facto final and is expected to be formally adopted in the coming months. TEST EDIT
Attaché Report (GAIN)

Canada: Canada Implements a Federal Plastics Registry

On April 22, 2024, Canada announced the implementation of a Federal Plastic Registry to monitor the types and volumes of plastic products, including plastic packaging used in agriculture and food manufacturing, through their life cycle on the Canadian market.
Attaché Report (GAIN)

Senegal: Grain and Feed Annual

Governments’ support for inputs and rice production have lifted area harvested and yields, boosting production across much of the region. Marketing year (MY) 2024/25 area harvested for rice in Senegal, Guinea, Burkina Faso, and Mali is projected up 1.7 percent year-over-year.