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Recent available data indicates that Saudi Arabia imported approximately 2.7 million metric tons (MMT) of barley in the first six months of MY 2022/23 (July – December 2022), an increase of approximately 11% compared to the same period last year (2.46 MMT).
Post forecasts MY 2023/24 wheat production at 3.3 million metric tons (MMT) and barley production at 1.4 MMT, in line with the previous season as climatic conditions are similar.
The United States and Brazil are world leaders in agricultural research, and our collaboration over the last several decades has been a cornerstone of the close relationship between our two countries.
The Brazilian Food Processors' Association (ABIA) reported that the food processing sector in Brazil had revenue of US$209 billion in 2022, showing a growth of 16.6 percent compared to the previous year.
Morocco’s food processing sector plays an essential role in the Moroccan economy, accounting for 6 percent of Moroccan GDP and benefits from excellent infrastructure, world-class manufacturing facilities, and convenient access to neighboring African markets.
FAS Tel Aviv (Post) forecasts Israel’s wheat imports to reach 1.70 million metric tons (MMT) in marketing year (MY) 2023/24, a 2.8 percent decrease from Post’s MY 2022/23 figure.
Israel's reform to decentralize the control on toiletries and food will impact the import of processed food products.
Israel's chief rabbi affirms cultivated steak is kosher, which means it is permitted for consumption by Jews under religious law. This ruling opens the door for companies producing cultivated meat directly from laboratory grown cells to receive a kosher certification.
On November 30th, 2022, the United Arab Emirates (UAE) published the updated mandatory technical regulation UAE.S. 993/2022 “Animal Slaughtering Requirements According to Islamic Rules”, and effective date December 1st, 2023.
Tunisian MY 2023/24 soybean imports are expected to reach 540,000 MT, compared to 510,000 MT in MY 2022/23. Tunisian olive oil exports are forecast to reach 200,000 MT in MY 2023/24, compared to 155,000 MT in MY 2022/23.
In 2023, Post forecasts that cattle production will grow 1.3 percent, to 48.5 million cattle head, as the Brazilian cattle sector reaches its peak in the production cycle.
On February 28, the Algerian Inter-professional Office of Cereals (OAIC) launched a public call to register grain and pulse traders on its supplier shortlist.