For marketing year (MY) 2023/24, Post updates fresh lemon production down to 1,700 metric tons (MT). This revision is attributed to the unexpected weather conditions with temperatures higher than usual and rains during harvest that affected original production estimates. Post also updates MY 2022/23 production to 1,850 MT, attributed to severe drought conditions than initially expected. For MY 2023/24, fresh orange production is estimated to drop to 653,000 MT. Similarly, fresh tangerine production is expected to decrease to 280,000 MT. Due to the increase in production, lemon exports are expected to rise to 220,000 MT. Sweet citrus exports are also expected to rise from the last official estimates, with fresh orange exports forecast at 35,000 MT and tangerine exports forecast at 24,000 MT.
The Brazilian orange crop for Marketing Year (MY) 2023/24 is forecast at 378 million 90-pound boxes (MBx) - standard reference, equivalent to 15.42 million metric tons (MMT), a decrease of 7.3 percent compared to previous Post estimate (408 million boxes or 16.5 MMT), primarily due to poor weather conditions that culminated in a more severe drought, as well as impacts from greening. Meanwhile, Post revised the orange weight forecast to 165 grams/5.82 ounces in MY 2023/24, 4.2 percent heavier than Post previous estimate of 158 grams due to the lower production and consequent more room for the fruits to grow. Post revised the total forecast related to the Brazilian FCOJ 65 Brix equivalent production for MY 2023/24 at 1.06 MMT, a decrease of 8.62 percent vis-Γ -vis the Post estimate for MY 2022/23 (1.16 MMT), due to downward expected availability of fruit for processing provoked by drought, extremely high temperatures and increase of greening incidence.
In marketing year (MY) 2023/24, with an increasing trend in area planted and assuming regular yields, Post estimates lemon production to grow by 6.7 percent and reach 175,000 (MT) metric tons. Chilean lemon exports will increase 8.8 percent, totaling 74,000 metric tons. In MY 2023/24, Post estimates lower orange area planted due to continued tight margins. As such, Chilean orange production will decrease by 1.6 percent and total 177,000 metric tons. Orange exports will follow and decrease by 3.2 percent totaling 92,000 metric tons. In MY 2023/24, due to drought in the top Chilean mandarin-producing region, mandarin production will decrease by 9.7 percent and total 242,000 metric tons. Likewise, mandarin exports will drop to 211,000 MT which represents a 10.6 percent decrease from MY 2023/24.
On May 21, 2024, the Government of Mexico published a modification to the Federal Law of Animal Health. The update strengthens the penalties for non-compliance with the law and lists substances banned for use in livestock intended for human consumption.
Following a year of exceptional drought conditions in marketing year (MY) 2023/2024, the outlook for Mexican grain production in MY 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on producer expectations for a gradual recovery to average precipitation levels. Mexico's MY 2024/2025 corn and wheat imports are forecast higher due to expected less than average production and growth in the animal feed sector. Rice and sorghum imports are estimated lower year-on-year due to forecast increased production and less demand. Production and trade forecasts and estimates were revised based on updated planting, harvest, and trade data.
Post production forecasts for tangerines/mandarins, oranges, lemons, and orange juice remain unchanged from the December 20 Annual Citrus Report. MY 2023/24 export figures are revised based on trade data received from Morocco's office des changes.
Since Taiwan's economy started taking off in the 1980s, larger disposable incomes have led Taiwan consumers to gradually demand diversification and broader options for their daily diets. This has led Taiwan to increasingly rely on imports to satisfy its growing demand for agricultural commodities for both human consumption and animal husbandry. To address the issue, on June 3rd, 2024, the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office in the United States (TECRO) signed a Memorandum of Cooperation (MOC) in Washington, D.C. to facilitate cooperation between the USDA's Foreign Agricultural Service (FAS) and Taiwan's Ministry of Agriculture (MOA) on expanding food security related cooperation and exchanges.
No comments:
Post a Comment