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- (-) September 2019
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Online grocery retail, although off to a somewhat slow start in Germany, offers promising opportunities for food producers and marketers.
Germany’s private label grocery market topped $123 billion in 2018 - 45 percent of total grocery sales in Germany.
With nearly 83 million of the world’s wealthiest consumers, Germany is the largest market for food and agricultural products in the European Union.
Germany has presented a plan to phase out glyphosate and terminate its use in Germany by December 31, 2023, as part of an “action program for the protection of insects.”
Rice export prices remain unchanged due to quiet trading activities.
The Cabinet agreed to allocate a budget of 60.36 billion baht (U.S. $1.98 billion) for three agricultural price subsidy programs for small rice and oil palm farmers.
On September 5, 2019, the German Government introduced a voluntary animal welfare label for pork products.
Rice export prices remain unchanged as exporters are concerned about current exchange rate volatility.
While a dry spell caused marginal damage on rice and corn production in MY2019/20, the impact of fall armyworm infestation adversely affected corn production to a greater extent.
Thailand’s chicken production, domestic consumption, and exports are expected to further grow in 2019 and 2020.
Although Germany does not require labeling of non-GMO food products and animal feed, the nation’s voluntary “Ohne Gentechnik” (GMO-free) labeling program is gaining momentum.