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Mar 7, 2018

USDA Foreign Agricultural Service: GAIN Reports from Tuesday, March 6, 2018

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The following Global Agricultural Information Network (GAIN) reports were released on Tuesday, March 6, 2018.

Post forecasts both beef and pork production to continue to increase in 2018 to 9.9 and 3.8 million metric tons, respectively. Solid exports, mostly to China, and domestic demand are pushing beef production upwards. Pork production is going up despite export constraints, mostly in Russia, and higher feed costs in 2018. The expected growth of the Brazilian economy in 2018 with declining inflation and unemployment rates and higher consumer confidence are main drivers expanding consumption of animal proteins.   
The Canadian cattle herd is forecast to contract further in 2018 as slaughter outpaces heifer retention and calf crop production. The Canadian swine herd is forecast to continue to grow marginally through 2018 as global demand for pork remains strong and sow stocks are projected to be up from 2017 numbers. Though the United States will continue to dominate Canadian trade in cattle, beef, swine and pork, Asian markets should offer increased Canadian export growth in 2018. 
The data and analysis shown in this report is derived from focus group discussions and a quantitative survey comprised of 1,325 consumers in the Eastern China area. The data and analysis are not the position of the U.S. Department of Agriculture. Rather, the data and analysis are information collected from in-field research to give the Agricultural Trade Office in Shanghai insight into Chinese consumers’ perceptions of imported food products. 
South China Continues as Big Market for U.S. Hides…Upcoming opportunities for U.S. exporters to meet with a wide range of South China importers, as well as participate in a large USDA Agricultural Trade Mission to South China…ATO Guangzhou organized a successful online food and beverage promotion, as well as a bakery promotion, and carried out a number of other promotional activities. 
In an effort to alleviate marketplace shortages, the state-run Ethiopian Sugar Corporation (ESC) bought 100,000 metric tons of sugar this past November. A few months later, in February, ESC announced its intention to buy an additional 100,000 metric tons. Bids for this tender are due March 20 and the shipment delivery date is June-August.   
Projected sales of $450,000 yielded by a larger presence of the United States in 2017 Hong Kong Food Expo as compared to last year’s. Twenty-three exhibitors showcased their products to Hong Kong and regional buyers at the show during August 17-19, 2017 and achieved fruitful results. 
Hong Kong’s reputation as the top wine market in Asia and a regional trendsetter was on display at the 2017 Hong Kong International Wine and Spirits Fair. Thirty-six U.S. exhibitors showcasing their quality wines and spirits reported projected sales of $275,000 at the show from November 9-11, 2017.  
On February 1, 2018, the Indian Minister of Finance presented the Union Budget for fiscal year 2018/19 (April/March) that focused on strengthening the agricultural and rural economy through measures designed to generate higher incomes for farmers. Major policy announcements were made on bolstering farm produce prices and improving the marketing infrastructure. Tariffs on several imported agricultural products, including, fruit juices, crude and refined edible vegetable oils and food manufacturing ingredients were increased and an additional levy of 10 percent of the aggregate import duty was proposed as a Social Welfare Surcharge. 
This exporter guide provides practical tips for U.S. exporters on how to conduct business in Norway. Although a small market, Norway relies heavily on imports. There are export opportunities for U.S. exporters of specialty foods, wine, craft beer, seafood, tree nuts, food preparations and dried fruit. Especially well-known brands and products from the United States fare well in this affluent market.   
Post forecasts Tunisia’s MY 2018/19 soybean imports at 610,000 MT, compared to 580,000 MT in MY 2017/18. MY 2018/19 olive oil exports are forecast at 150,000 MT, compared to 200,000 MT in MY 2017/18.  
The political and economic turbulences of recent years resulted in notable decrease in domestic red meat demand. Consumers turned toward cheaper poultry products. Live cattle exports skyrocketed and will grow in 2018. Beef exports will remain significant, but flat due to lack of export capacity and competition with live cattle exports. Pork imports resumed in late 2017 due to slow demand recovery, but are expected to remain low in 2018. Ukraine is likely to see an insignificant decrease to its cattle herd numbers. Swine inventory is likely to recover toward the year-end of 2018. Pork production will be low due to the low animal inventory in 2017.   
Through Order #17, published on January 16, 2018, Ukraine established procedures required for state veterinary and safety examination of genetically engineered (GE) organisms. The Order establishes, for the first time, transparent guidelines and procedures for soliciting official registration of feeds, feed additives and veterinary medicines produced with GE content. 

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