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The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
FAS/Tokyo projects that Japan's fluid milk production will decline in 2025, primarily due to a decrease in the milking cow population anticipated from 2024.
Milk production in Brazil for 2024 is expected to increase by 1 percent to 25 million metric tons (MMT) and to increase again in 2025 to 25.4 MMT.
On June 26, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would increase the tariff-rate quota volumes for butter to 14,000 MT, but would leave non-fat dry milk (NFDM) unchanged at 750 MT.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
On September 29, Japan’s Ministry of Agriculture Forestry, and Fisheries reaffirmed its January announcement that for Japanese fiscal year (JFY) 2023 tariff rate quota volumes for butter would increase to 10,320 MT, but would remain at 750 MT for non...
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...
Fluid milk production will drop slightly in 2024 as the number of cows in milk decreases. Tourism stimulated by foreign visitors will boost demand for dairy products in the foodservice industries, which will offset the dip in retail sales. Japan’s...
Brazil’s Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) increased import tariffs for three dairy products and reversed the unilateral 10% reduction in the Common External Tariff (CET) for 29 other dairy products.
The U.S.-Japan Trade Agreement, which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.
On May 26, Japan’s Ministry of Agriculture, Forestry, and Fisheries affirmed that it would maintain the tariff-rate quota volumes for butter at 8,000 MT and non-fat dry milk (NFDM) at 750 MT for Japanese fiscal year 2023, in line with its previous announcement in January.