Thursday, March 27, 2025

GAIN Reports from March 26, 2025

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The following GAIN reports were released on March 26, 2025.

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Australia: Australia Federal Budget 2025 and the Agricultural Sector

Australia's 2025 Federal Budget allocates significant funds to support and grow the agriculture, fisheries, and forestry sectors, with measures focused on climate resilience, trade, and food security, including funding for drought preparedness, emissions reduction, and market access.

 

Dominican Republic: Food Processing Ingredients Annual

The Dominican Republic's food processing industry totaled $2.90 billion for calendar year (CY) 2024, in activities categorized as "food industry." Beverages and other food products accounted for an additional $1.02 billion during the same period. Key drivers in the industry consist of meat and dairy processing, wheat milling, and bakery products. The United States continues to be a leading supplier of essential ingredients, including meats, edible oils, fats, dairy products, and wheat. A notable trend in 2024 is the easing of inflation, which has prompted consumers to allocate more spending toward non-essential items. Additionally, the rise of supermarket chains, particularly outside major cities, has diversified the food market. As a result, private label brands have gained popularity, offering cost-effective alternatives and introducing a broader range of products. This allows consumers to maximize value while exploring a wider variety of options.

 

India: Cotton and Products Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 India cotton production at 25 million 480 lb. bales on 11.4 million hectares of planted area, a three percent decrease from the previous year due to an expected shift of planted area to higher-return crops such as pulses and oilseeds. Mill consumption is estimated at 25.7 million 480 lb. bales, as yarn and textile demand remains steady in major international markets. Imports are likely to remain strong to supplement insufficient domestic supplies.

 

Morocco: FAIRS Country Report Annual

This report outlines Moroccan government requirements for the importation of food and agricultural products for human and animal consumption. The report aims to assist U.S. exporters by providing an assessment of laws and requirements for food and agricultural products imposed on imports. It also provides points of contact for key Moroccan government authorities.

 

Pakistan: Cotton and Products Annual

Driven by a minor increase in area and assuming average yields, cotton production is expected to increase somewhat in 2025/26. With expectations for continued strong export demand, domestic use is forecast to grow modestly in 2025/26. Despite the increased use, the expected boost in local production is forecast to result in a decrease in imports from the record level anticipated in 2024/25. Absent a change in tax policy, the trends of widespread underreporting of production and rising yarn imports, especially from China, are expected to continue in 2025/26.

 

Peru: Food Processing Ingredients Annual

Peru boasts a thriving food processing industry that plays a crucial role in its economy. This sector contributes approximately 27 percent to the country's industrial gross domestic product. In 2024, Peru's food industry experienced a remarkable recovery, achieving an overall growth rate of 7.1 percent. Notably, food processors in Peru significantly depend on imported ingredients. Exports of U.S.-origin food processing ingredients to Peru reached $199 million in 2024.

 

Turkey: Turkiye Announces New Crop Production Model

In November 2024, the Turkish Ministry of Agriculture and Forestry (MinAF) unveiled details of its Agricultural Production Plan (Plan), which aims to optimize and make Turkish agriculture more sustainable. The Plan prioritizes the production of grain, livestock, and aquaculture and has an implementation start date of 2025. This new approach to production is expected to change the mix of agricultural products being produced in Türkiye in the years to come. However, it's too early to assess the direction and magnitude of any potential shift in production.

 

 

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


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