The following GAIN reports were released on March 28, 2025. _______ This report is an overview and update of regulations and standards for importing U.S. food and beverage products to Argentina. Post recommends U.S. suppliers interested in the Argentine food market to contact the FAS Buenos Aires Office at AgBuenosAires@usda.gov or +54-11-5777-4627, or contact local importers to discuss import requirements applicable to specific products. ATO Shenyang organized a U.S. beef and lobster menu promotion at a high-end restaurant in Changchun, starting with a launch event on December 10 featuring a cooking demonstration with a Shanghai-based celebrity chef. With monthly sales of the two products surging 7 times higher than the previous month, the restaurant continued the promotion at no cost for another month before adding the dishes into its permanent menu. The promotion generated about $30,000 in additional sales of U.S. beef and lobster, plus $169,000 in projected 12-month sales. Moreover, the restaurant created a giftbox of USDA Prime beef available throughout China, selling $89,530 in the two months leading to Chinese New Year. The ATO spent $6,200 to fund this activity, resulting in a return of 46:1 in support of American ranchers and fishermen. FAS Manila forecasts an increase in milled rice production in Marketing Year (MY) 2025/26 compared to the previous MY, due to favorable weather conditions and an increase in government funding for the rice industry. FAS Manila forecasts rice imports to decline in MY 2025/26 compared to the previous MY, given a rebound in local production in MY 2025/26, higher stock carryover from MY 2024/25, and the imposition of the maximum suggested retail price on imported premium rice. FAS Manila forecasts corn production to increase in MY 2025/26 compared to the previous MY, due to favorable weather conditions. FAS Manila forecasts that the increase in local corn production will not keep pace with food and feed demand, resulting in a forecast increase in corn imports in MY 2025/26. FAS Manila forecasts wheat imports to grow in MY 2025/26 compared to the previous MY, due to increased demand for milling wheat, while feed wheat imports are expected to remain flat due to an increase in price competitiveness of feed corn. For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. |
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