Browse Data and Analysis

Marketing year (MY) 23/24 cotton production is lowered to 5.9 million metric tons (MMT) on reduced planted area and raised for MY 22/23 to 6.68 MMT on higher planted area and reported volumes of classified Xinjiang cotton.

Post forecasts marketing year 2023/24 production at 1.1 million 480-bales, a 30 percent decline compared to the previous year due to higher input costs and lack of access to new genetically engineered seed varieties.

For marketing year (MY) 2022/23, Post revises fresh lemon production estimates to 1.65 million metric tons (MMT), down 6.5 percent from the official USDA estimate due to continued adverse weather and poor economic conditions, especially for smaller producers.

Bioethanol consumption in 2023 is forecast at 1.17 billion liters, the highest on record, because of strong gasoline demand and a high blend rate.

U.S. rough rice exports have plummeted and the decline of Costa Rican rice production has accelerated sharply following the Government of Costa Rica’s August 2022 tariff rate reduction on imported rice from all origins.

On August 24, the General Administration of Customs of China (GACC) suspended all imports of aquatic products (including edible aquatic animals) from Japan, effective immediately.

Most U.S. dairy facilities registered to ship dairy products to the People’s Republic of China (PRC) will have their registration status expire on August 31, 2023.

On August 24, the Ministry of Agriculture and Rural Affairs (MARA) published on its website the transcript of a question-and-answer session on agricultural biotechnology.

Chicken meat production is forecast to decline from both white broiler and yellow broiler in 2024 due to import constraints the People’s Republic of China (PRC) placed on avian genetics and related materials for Highly Pathogenic Avian Influenza (HPAI)-related reasons and for continued live poultry market closures.

On July 21, 2023, the People’s Republic of China (PRC) Ministry of Agriculture and Rural Affairs (MARA) announced its approval of two new varieties of feed additives, four feed ingredients, and modifications to the feed additives and ingredients catalogs.

The economy of People’s Republic of China (PRC) is facing headwinds for the remainder of 2023 that should continue into 2024 even though officials are exploring various stimulus efforts.

Chilean cherry area planted reached 61,599 hectares (ha) in marketing year (MY) 2022/23. Post projects that MY 2023/24 cherry production will reach 500,000 metric tons (MT), which represents a 6.6 percent increase over MY 2022/23.