Month: February 2023

Feb 08

China’s higher feed corn use could hit barley prices

China is using more corn in feed rations, which could result in lower feed barley prices in Western Canada, says an analyst. “Feed mills have resumed mixing more corn in feed rations as higher prices for wheat and sorghum reduce demand for corn alternatives,” the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) said in a recent report. Mills are using more corn due to higher Chinese production of the commodity and falling import prices. China’s corn production in 2022-23 Read Full Details…

Feb 07

Onion exports appear to be banned and import duty zeroed in Azerbaijan, too

The onion hysteria in the region has led to a wave of export bans, and it reached Azerbaijan. As EastFruit analysts have already reported, the exports of very expensive onions were banned by Kazakhstan, Uzbekistan, Tajikistan, and Kyrgyzstan. However, in the case of Azerbaijan, the wording of the government’s resolution is ambiguous. The Decree of the Cabinet of Ministers dated February 03, 2023 “On Amendments to the Decree dated March 18, 2022 “On Measures to Regulate the Export from the Read Full Details…

Feb 06

Exporters to get help in expanding order books

BEIJING: China will support its exporters to participate in various business exhibitions abroad and closely cooperate with trading partners to put its foreign trade growth on a firmer footing in 2023, government officials say. Against external headwinds including cooling prospects for overseas demand and lingering geopolitical conflicts, these activities will create more opportunities for China’s export-oriented companies, and a series of offline domestic trade fairs, like the China Import and Export Fair, or Canton Fair, in Guangzhou, Guangdong province, will Read Full Details…

Feb 06

China’s central, western regions attract more foreign investment

Leveraging advantages, inland areas grab competition from big industries China’s central and western regions are expected to further leverage their advantages in combined production costs to attract more foreign investment amid competition from some neighboring countries and the country’s push for high-quality development, according to experts. In particular, the central and western regions are forecast to better receive foreign investment relocated from labor-intensive industries in coastal areas where labor costs have increased, they said. Recent data have repeatedly demonstrated that Read Full Details…

Feb 06

NASDA sets federal policy stances

The National Association of State Departments of Agriculture set its federal policy focus for 2023. Seven issues were chosen as priorities: the 2023 farm bill, animal health, environmental regulations, food production and the supply chain, food safety, international trade and workforce development. “These issues were chosen for the organization’s 2023 focus as NASDA members see specific opportunities for progress regarding each of these areas to best serve farmers, ranchers and all communities across the nation,” said Ted McKinney, NASDA CEO. Read Full Details…

Feb 06

Coffee sector sees RCEP opportunity

The ASEAN Free Trade Agreement (AFTA) already allows all Association of Southeast Asian Nations (ASEAN) coffees to come in and out freely, Pacita U. Juan, vice-president of the non-profit ASEAN Coffee Federation, said. “RCEP for coffee adds Japan, Korea, and China (to the mix),” she said in a Feb. 3 Zoom call. AFTA was a stress test for the coffee industry, Ms. Juan added: “If it were to shake up the coffee industry, it should have shaken it up already.” Read Full Details…

Feb 06

Japanese Tea Companies Eye Overseas Markets As Domestic Consumption Declines

The Japanese tea industry is focusing on expanding overseas sales channels due to a decline in domestic consumption amid the novel coronavirus pandemic. Major production areas, such as Kyoto Prefecture, are undertaking new initiatives in sales and production: In February last year, a seminar about Japanese tea was held in Hollywood, Calif. Akio Matsumoto, a sommelier at a Japanese restaurant in New York, explained to attendees from companies that operate local restaurants that new dining experiences can be offered by Read Full Details…

Feb 06

Japan’s curbs on chip machinery export to China is self-defeating deed: experts

The Japanese government’s move of proactively following the US’ lead by being part of Washington’s “tech decoupling” from China will put its enterprises, which are trying to expand in the world’s largest semiconductors market, in the crosshairs, experts told the Global Times. There are reports that Tokyo plans to start restricting exports of advanced semiconductor manufacturing equipment to China this spring, though the reported regulation will not mention China specifically. The curbs will come after the Japanese government amends a Read Full Details…

Feb 06

Pet Clothing Market Size, Trend | Demand and Import/Export Details up to 2031 | Wagwear, The Foggy Dog, TRIXIE

Report Ocean has recently published a revised figures report on the worldwide Pet Clothing market. Growth prospects and difficulties are noted in the paper. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities. It offers details on crucial market processes, such as leading participants. Changes in consumer behavioral patterns have temporarily hindered the market’s growth because the size of the Pet Clothing market Read Full Details…

Feb 06

Goa allows import of ore for export from Mormugao port

PANAJI: The state government on Friday allowed import of iron ore extracted in other states or countries for domestic consumption or export from Mormugao Port Authority (MPA). This will generate additional revenue for the state by way of Rs 50 per tonne as cess, processing fees and other incidental revenue opportunities. The directorate of mines and geology notified amendments to the Goa (Prevention of Illegal Mining, Storage and Transportation of Minerals) Rules, 2013. A senior officer said that it will Read Full Details…