The Government of Brazil (GoB) announced a nominal record in funds for 2024/25 Crop Plan, the main agricultural credit and financing public policy, at R$ 475.5 billion (US$ 88.2 billion). While this year's funds set a record in nominal terms, nine percent higher than the 2023/24 Crop Plan valued at R$ 435.8 billion (US$ 80.9 billion), agricultural sector representatives deemed the funds insufficient to support farmers struggling with challenging market conditions, such as falling international commodities prices and high production costs. With the Brazilian Real (R$) having devaluated by nearly 11 percent against the U.S. dollar over one year, the 2024/25 Crop Plan values converted to U.S. dollars are two percent below last year's.
On July 11, 2024, China notified the draft National Food Safety Standard for the Food Additive Acorn Shell Brown to the World Trade Organization (WTO) under G/SPS/N/CHN/1309. China's SPS Enquiry Point at sps@customs.gov.cn will accept comments until September 9, 2024. This report provides an unofficial translation of the draft standard. Stakeholders should conduct their own review of the standard and provide comments as necessary.
On July 11, 2024, China notified a new National Food Safety Standard Code of Practice for the Prevention and Reduction of Lead Contamination in Foods to the World Trade Organization (WTO) under G/SPS/N/CHN/1312. China's SPS Enquiry Point at sps@customs.gov.cn will accept comments until September 9, 2024. This report provides an unofficial translation of the draft standard. Stakeholders should conduct their own review of the standard and provide comments as necessary.
This report identifies Ecuador's import requirements for foreign export certificates, highlighting current procedures and identifying the relevant local agencies with oversight over these issues. An export certificate matrix and outline is included. This report supplements the FAS Quito Food and Agricultural Import Regulations (FAIRS) Country Annual 2024 report.
Taiwan is a mature market for U.S. fruits. Among stone fruits, Taiwan produces peaches domestically but does not produce nectarines or cherries. Fruit consumption in Taiwan remains consistent, with stable demand for cherries. However, the long-term demand for peach/nectarine continues to show a declining trend. Despite a slight increase in domestic production, the decrease in import volume is more significant last year. Chile has become the primary supplier of nectarines (87% market share), reducing the U.S. market share to only 10%. In Marketing Year (MY) 2023, Taiwan imported a total of 10,776 MT of peaches and nectarines, and 12,268 MT of cherries. Due to factors such as reduced supply from the United States, a strong U.S. dollar, and increased freight costs, prices for peaches, nectarines, and cherries have all risen by at least 10% this year. For MY2024, Post estimates that peach and nectarine consumption will decline to 27,500 MT while cherry consumption is expected to fall to 11,800 MT.
No new bilateral certificates were negotiated from the second half of 2023 through the first half of 2024. The Export Certificate Matrix includes only bilaterally negotiated certificates. In 2021, Ukraine introduced generic certificates for products of animal origin and sample certificates for live animals and reproductive materials. These certificates can be endorsed by the exporting country's authorities without additional negotiations. The lists of generic and sample import certificates were added to the report as an attachment. Instructions for exporters of FDA-regulated products has been added as a separate attachment.
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