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- (-) October 2016
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Export prices increased one percent due mainly to the strengthening Thai baht. Prices remain under downward pressure despite government measures to keep new-crop rice off the market.
South China has been the largest user of U.S. sorghum….Upcoming opportunities for U.S. exporters to meet with South China seafood, pet food, and other food product importers…
In recent years, South China’s imports of wine and beer have skyrocketed, with imports of wine more than doubling between 2013 and 2015, and imports of beer tripling during this period.
Export prices further declined one to two percent due to weak demand even though the first shipment under the government-to-government agreement with China is set to take place next week.
Export prices increased two to four percent due to new enquiries for parboiled rice amid tight supplies of white rice paddy for parboiled rice production.
Export prices further declined one to two percent due to the weakening Thai baht and low foreign demand.
China lifted the longstanding bovine spongiform encephalopathy (BSE)-based ban on U.S. beef imports on September 22, 2016, removing a major obstacle to resuming U.S. beef imports.
As a result of a recovery in swine production and steady growth in the poultry sector, and subsequent higher demand for industry feed and protein meal, China’s soybean imports are forecast to hit...
Export prices further declined one to two percent due to a lack of new inquiries as traders are awaiting bumper supplies of new-crop rice to enter the market in November.
China is the world’s largest walnut producer. Post forecasts China’s MY 2016/17 in-shell walnut production at 1.06 million MT, an increase of six percent from the previous year...
China’s MY 2016/17 sugar production is expected to rebound slightly from the 15-year low of 2015/16, as high domestic prices have encouraged expanded sugar area.
MY2016/17 sugar production is revised down to 9.3 million metric tons, a five percent reduction from MY2015/16 due to severe drought during growing stage of sugarcane crop.