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Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: First Quarter U.S. Exports Grow For the First Time in Five Years; Hong Kong’s Economy Can Grow 5.5 percent; Hong Kong Inflation Hits 2.1 percent in April
Post forecasts the Brazilian coffee production for Marketing Year 2023/24 (July-June) at 66.4 million 60-kg bags, an increase of 3.8 million bags compared to the previous crop. Post forecasts arabica production at 44.7 million bags, an increase of 12 percent from the previous season due to favorable weather conditions in growing regions.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: USA Pavilion Dazzles at HOFEX 2023; Hong Kong Reports Q1 GDP Rebound; Golden Week Holiday in May surpasses Hong Kong and Macau Government Expectations
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Welcomes First In-Person Agricultural Trade Mission Since 2019; Hong Kong Ranked Seventh Most Attractive Regions To Do Business
Post forecasts that Brazilian producers will expand soybean planted area to reach 45.2 million hectares (ha) in 2023/24 season, up from the estimated 43.5 mn ha planted in the 2022/23 season.
Brazil’s Marketing Year (MY) 2023/24 sugarcane crop is forecast to reach 661.4 million metric tons (MMT), which is 6.5 percent larger than MY 2022/23, because of favorable weather conditions and high sugar prices.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Launches Branding Video Campaign on Social Media; Hong Kong Workforce Sees Biggest Decline in Decades
Brazilian corn and wheat productions continue to exceed expectations, setting record-breaking harvests. In contrast, Brazil is expected to produce its lowest rice crop in 25 years due to a period of prolonged drought in the south and low profitability for farmers.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Local Food Traders Celebrate the Return of the U.S. Food and Beverage Showcase; Hong Kong Outbound Tours Bounce Back; Hong Kong Jobless Rate Dips to Three-Year Low; Hong Kong’s Inflation Rose 1.7 Percent in February.
The United States and Brazil are world leaders in agricultural research, and our collaboration over the last several decades has been a cornerstone of the close relationship between our two countries.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Aspiring Chefs Explore “The Science of Souffle” With U.S. Ingredients and Local Flavors
The Brazilian Food Processors' Association (ABIA) reported that the food processing sector in Brazil had revenue of US$209 billion in 2022, showing a growth of 16.6 percent compared to the previous year.