Monday, June 14, 2021

GAIN Reports from Friday, June 11, 2021

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The following GAIN reports were released on Friday, June 11, 2021.

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European Union: Biofuel Mandates by Member States and UK - 2021

This report provides an overview of the biofuel use mandates in EU-27 member states and the United Kingdom. It supplements the EU Biofuels Annual Report 2021.

 

Saudi Arabia: Retail Foods

U.S. exports of consumer-oriented food products to Saudi Arabia decreased approximately five percent in 2020 to $560 million compared to 2019 due mainly to disruptions of air cargo shipments to Saudi Arabia for several weeks following the outbreak of COVID-19. Total retail sales of packaged food in 2020 were estimated at approximately $21 billion. Even though COVID-19 was blamed for a seven percent decrease in total U.S. agricultural exports in 2020 to $1.23 billion, U.S. Customs data for January - March 2021 indicates a 23 percent increase in U.S. agricultural exports over the same period from last year. Post anticipates a significant increase in U.S. high-value food products to Saudi Arabia in 2021 due to expansion of the retail sector as well as a return to normal operations within the food service sector. U.S. food is generally viewed as a higher-quality product, and it is well-positioned to gain market share in traditional retail outlets as well as several new home delivery food buying apps.

 

Thailand: Rice Price - Weekly

Export prices for all grades of rice decreased around one percent from the previous week due to a lack of new inquiries.

 


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


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