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Japan’s Ministry of Health, Labour and Welfare (MHLW) proposed revisions to Japan’s maximum residue levels for 11 agricultural chemicals (Ametoctradin, Amisulbrom, Flumioxazin, Flupyradifurone, Glufosinate, Mefentrifluconazole, Metaldehyde, Simeconazole, Cefuroxime, Dicloxacillin, and Amprolium) for various agricultural commodities.

The drought in Andalucía is anticipated to prevent further expansion of Spain’s cotton area in MY 2023/24. Irrigation water allocation will be critical for farmer’s planting decisions, and temperatures and pest incidence during the summer months will also determine final yields.

FAS/Tokyo projects reduced corn imports and feed consumption in MY2022/23 due to large outbreaks of Highly Pathogenic Avian Influenza as well as increased competition from domestic feed rice, followed by a recovery of corn consumption in MY2023/24.

Japan is one of the world’s leading consumers of seafood. In 2022, it imported $15 billion of seafood products, making it the world’s third largest importer. Half of Japan’s seafood demand is met by imports. The United States is the third largest seafood supplier to Japan, specializing in salmon, cod, pollock, herring, crab, and lobster.

In 2022, Spain imported $2.1 billion worth of agricultural, seafood and forest products from the United States, up 27 percent compared to the previous year. After high rates of consumer price inflation in 2022, the latest European Union economic forecast shows Spain’s economic growth forecast at 1.4 percent in 2023 and 2.0 percent in 2024.

On December 27, 2022, the Government of Japan (GOJ) released the “Food Security Reinforcement Policy Framework,” which aims to lower Japan's dependence on imports and to push increased domestic production of wheat, soybeans, feed grains, hay, and fertilizer inputs.

Cattle stocks decline in 2023 as farmers thin dairy herds to counter surplus production capacity. The resulting increase in domestic beef production will lower demand for imports in 2023.