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Following USDA’s revision of Brazil’s cotton balance sheet, production estimates moved one year ahead, meaning that Marketing Year (MY) 2023/24 cotton is equivalent to production bales entering the market in 2023, and not 2024. Post maintained its...
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Hosts Exclusive Delicious USA Tasting for Local Chefs; Paul Chan Warns Hong Kong’s Deficit May Exceed $13 Billion; For a True Picture of...
Post decreases the Brazilian coffee production for Marketing Year 2023/24 (July-June) to 66.3 million 60-kg bags, based on a projected decline in robusta/conilon production. Post forecasts arabica production at 44.9 million bags, a 12.8 percent increase over the previous season, due to an increase in planted area and higher yield.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Launches Delicious USA 2023 With Milestone Celebration; Hong Kong to Play Role of Creating Opportunities and Promoting Free Trade with Countries
Brazil has recently started planting its corn crop for the 2023/24 season. However, due to high production costs and lower expected earnings, profit margins are under pressure. As a result, Post predicts a decrease in planted area, with production for the next season estimated to drop from 135 MMT (MY 2022/23) to 130 MMT (MY 2023/24).
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Continues Promotion of U.S. Sustainable and Organic Food Products; Tourism Board Offers One Million Sets of Night Treats Vouchers to Visitors to Boost Night Economy
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Encourages Local Consumers to Get Their U.S. Veggies On; Chan Upbeat on Recovery Despite Deficit
Brazil's dairy industry has recently undergone considerable changes to both production and structure of the industry. The change in the dairy sector is the result of Brazilian producers being discontent with the high level of competition from...
In 2022, Brazilian foodservice industry revenues reached US$106 billion, an increase of 10 percent over 2021. Brazilian imports of consumer-oriented products grew 20 percent in 2022, ending the year at US$5.2 billion.
Post forecasts Brazil’s marketing year (MY, April – March) 2023/2024 sugarcane crush at 652 million metric tons (MMT), an increase of five percent compared to the final estimate for MY2022/23 (621 MMT).
Dr. Jose Dubeux from the University of Florida gave a series of presentations in Brazil on the Fertilize 4 Life (F4L) Initiative at the end of September.
Post increased its forecast for soybean planted area to 45.4 million hectares for 2022/23, up previously from 45.2 million hectares.