Browse Data and Analysis

U.S. beef exports to East Asia in 2022 are again on record pace after a record year in 2021. Despite economic uncertainties due to the COVID-19 pandemic, continued global supply chain challenges, and a competitive global beef market, U.S. beef exports to East Asia, both in value and volume, were outstanding in the first half of 2022.

This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

Reduced open field "Unshu" mandarin harvest in the southern part of Jeju Island will drive Korea's total citrus production down slightly in 2022/23. Overall fruit quality is expected to be above average following reduced rainfall during the growing period, with higher Brix and lower sourness levels.

On November 26, 2020, the Ministry of Fisheries and Livestock enacted the Fisheries and Fisheries (Inspection and Quality Control) Act 2020 to enforce new laws reflecting the repealed provision of the Fish and Fish Products (Inspection and Quality Control) Ordinance 1983.

On April 24, 2018, the Ministry of Agriculture issued the Plant Quarantine Rules 2018 to protect domestic plants and plant products from foreign invasive insects and pests. The Rules shared formats for import permits, phytosanitary certificates, and import permit applications.

This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.

On June 9, 2020, the Seed Division of the Ministry of Agriculture released the Seed Rules 2020. The Rules cover the functions and responsibilities of the National Seed Board, seed laboratories, seed inspectors, seed analysts, and seed dealers, as well as the rules and procedures for seed sampling, certification, and registration or release of crop varieties.

On November 14, 2018, the Ministry of Fisheries and Livestock enacted the Fish Quarantine Act 2018 which issues provisions regarding pathogens and quarantine of fish and fish products. The Act covers the fish quarantine authority; import permits, controls, restrictions, bans, and detentions; and fish pathogen restrictions and elimination.

The ongoing revival of South Korea’s food service sector strengthened consumer demand for beef and pork in 2022. This positive trend is expected to continue in 2023 as Korea’s hotel, restaurant, and institutional sectors gain momentum in a post-covid market.

For marketing year (MY) 2022/23, Post forecasts cotton harvested area and production at 45 thousand hectares and 153 thousand bales, respectively. Post reduced Bangladesh’s cotton import forecast for MY 2022/23 to 8 million bales on high international raw cotton prices, reduced garment production due to a domestic power shortage, and the slowdown of the world economy.

The Government of Bangladesh has demonstrated a willingness to adopt and implement a modern agricultural policy framework and guidelines which support the safe and appropriate use of science and technology, including biotechnology, to help meet agricultural challenges.

This is a weekly report outlining the prices of agricultural commodities in Bangladesh, as well as major trade and policy updates.