Browse Data and Analysis

Post forecasts that MY2023/24 rice production will reach a five-year record of 20.4 million metric tons due to abundant water supplies and attractive farm-gate prices.

Rice export prices decreased 1 percent as new supplies of MY2022/23 off-season rice continued entering the market.

The UK has a large, well-developed food processing industry, requiring a wide range of ingredients, from low-value, highly processed food to high-value, lightly processed ingredients. This provides many opportunities for U.S. exporters, including wellness and health products.

In 2022, the Government of Ecuador continued to support floor prices for local production of corn, rice, and wheat as well as began subsidizing the price of fertilizers for small producers.

On March 13, 2023, China notified 421 Maximum Residue Limits (MRLs) to the World Trade Organization (WTO) under G/SPS/N/CHN/1277. The proposed date of entry into force is to be determined.

On February 13, 2023, Mexico published a modified 2023 Corn Decree in the Diario Official Federal (DOF). The new Presidential decree abrogates the 2020 GE Corn Decree and is immediately effective on February 14, 2023.

Israel's reform to decentralize the control on toiletries and food will impact the import of processed food products.

Post forecasts that consumption and imports of corn, wheat and rice in Malaysia will slightly increase in Marketing Year (MY) 2023/24, in line with population growth and normalization of the market.

On March 3, 2023, India’s Ministry of Fisheries, Animal Husbandry and Dairying/Department of Animal Husbandry and Dairying (DAHD) published on its website, a revised integrated veterinary health certificate (VHC), that incorporates the DAHD’s sanitary requirements along with those of the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India’s (FSSAI) (national food safety authority) food safety requirements.

On February 28, 2023, Argentina’s National Agri-Food Health and Quality Service (SENASA) self-suspended poultry exports following the detection of Highly Pathogenic Avian Influenza (HPAI) in commercial poultry.

On March 2, 2023, the National Health Commission (NHC) announced approval of 28 new food materials and additives, of which six are enzymes derived from Genetically Modified Microorganisms (GMMs).

Israel's chief rabbi affirms cultivated steak is kosher, which means it is permitted for consumption by Jews under religious law. This ruling opens the door for companies producing cultivated meat directly from laboratory grown cells to receive a kosher certification.