Thursday, February 25, 2021

GAIN Reports from Wednesday, February 24, 2021

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The following Global Agricultural Information Network (GAIN) reports were released on Wednesday, February 24, 2021.

 

Burma: Rice Trade - Monthly

In January 2021, Burma's rice exports are forecast to decrease overall due to high domestic prices and since the Chinese government has not yet issued 2021 import permits for head rice. However, broken rice exports to China increased due to high demand before the Chinese New Year. Domestic prices for Emata 25 percent broken rice increased due to potential exports to Bangladesh and Malaysia while the prices for superior quality Shwe Bo Pawsan rice remain unchanged. Burma's rice exports in February are forecast to be weak due to the country-wide Civil Disobedience Movement following the February 1, 2021 coup, in which the military overthrew the democratically elected civilian government.


Canada: New Canadian Organic Standards 2020


On December 11, 2020, Canada published the first update of the Canadian Organic Standards since 2015, updating a range of livestock measures and permitted substances lists among other changes. These changes will be reviewed during future equivalence reviews with Canada, however they do not affect the status of current organic trade under the United States – Canada Organic Equivalency Arrangement.


Estonia: Estonian New Agriculture and Food Board

On January 1, 2021, Estonia established a new Agriculture and Food Board under the Ministry of Agricultural Affairs. The new agency is the result of a merger between the former Estonian Agricultural Board and the former Veterinary and Food Board. The new agency will perform all tasks of both former institutions.


Hong Kong: WTO Establishes Dispute Resolution Panel on US Marking Requirement

On February 22, 2021, the World Trade Organization (WTO) agreed to establish a dispute resolution panel on the United States' new requirement to mark Hong Kong-originated products as "Made in China".


India: New Budget Estimates for the Sugar Industry and a Revised Ethanol Import Duty


On February 1, 2021, the Government of India's (GOI) Ministry of Finance presented the annual budget for Indian Fiscal Year (FY) 2021/22 (April-March) and announced budget estimates of $595.2 million (INR 43.37 billion) for the domestic sugar industry and raised the import duty on denatured ethanol to five percent from its current applicable duty of 2.5 percent.


Poland: Polish Dairy Industry Notes Concerns about Farm to Fork

On January 22, 2021, the Polish Chamber of Milk (PCM), Poland's largest dairy industry organization, organized an online conference about the European Union's (EU) Farm to Fork (F2F) Strategy and its potential impact on the Polish dairy industry. According to the industry analysis presented during the conference, the F2F Strategy will create high implementation costs for dairy farms, reduce the Polish dairy industry's competitiveness on the domestic and global markets, and increase dairy prices for consumers.

 

For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.

 


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