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2010 Trade Forecast Revision
15.04.2010 12:10 "Agro Perspectiva" (Kyiv) —
World trade in beef remains virtually unchanged from the October forecast. Despite robust demand in most markets due to global economic recovery, tight exportable supplies continue to limit import growth. Stronger than expected economic recovery in Asia will bolster demand in key markets such as South Korea, Hong Kong and Japan benefiting U.S. exports which are revised upward. U.S. imports are forecast lower, despite tighter domestic supplies, as Asian markets will likely bid aggressively for Oceania and Uruguayan product. Russian imports are raised on stronger demand and an expected higher quota exemption. Brazil, Paraguay, and Uruguay, will benefit from the Russian boost, as well as the continued forecast reduction in Argentine exports.
World trade in pork is raised slightly. Stronger demand from Asia, particularly China and Hong Kong, is expected in the second half of 2010 as economic conditions improve. Chinese imports will also be facilitated by the lifting of H1N1-related trade bans. Russian imports are revised upwards despite a lower tariff rate quota volume. High domestic prices spurred by tight supplies of animal protein are expected to encourage trade outside the quota. Greater exports from the EU and Brazil are expected as they are poised to take advantage of strong Asian and Russian demand. Some additional EU pork shipments will likely replace live swine exports. The United States will benefit from stronger Mexican demand, although tight domestic supplies and weaker demand from Japan and South Korea are expected to constrain overall export growth.
World trade in broiler meat remains fairly stable. The December announcement of an 18 percent decline in the Russian 2010 tariff rate quota (TRQ) volume resulted in a downward revision in its import forecast, which in October had been based on higher 2009 TRQ level. Import estimates for some smaller, non-traditional markets, particularly in the Middle East and Africa, are lower. Iraqi imports are revised upward despite expanding production. Higher EU exports are expected based on stronger demand in Asian and Middle Eastern markets. U.S. exports are lower based mainly on the 20 percent reduction of its Russian TRQ allocation to 600,000 tons and weaker demand from several other markets.
25.04.2024 |
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09:45 |
Parliament approves a revision of the EU’s common agricultural policy |
23.04.2024 |
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16:23 |
MEPs approve trade support measures for Ukraine with protection for EU farmers |
17.04.2024 |
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18:08 |
Ministry of Agrarian Policy and Food predicts this year’s harvest of grains and oilseeds at about 74 million tonnes |
16.04.2024 |
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12:12 |
West Africa Cocoa Shortage Pushes Up Prices |
11.04.2024 |
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23:48 |
U.S. Soybean Meal Exports Forecast at Consecutive Records in 2022/23 and 2023/24 |
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23:10 |
EU Wheat Exports Challenged by Russia’s Growing Dominance |
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11:30 |
Country of origin of honey must be clearly visible on the label. EU honey traceability system to be developed |
10.04.2024 |
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15:59 |
Commission starts setting up the Agriculture and Food Chain Observatory |
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15:33 |
Commission approves ˆ2.2 billion German State aid scheme to support the decarbonisation of industrial processes to foster the transition to a net-zero economy |
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13:17 |
Donau Soja urges EU for clarity on EUDR implementation |
09.04.2024 |
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10:44 |
Ukraine remained the third source of EU imports in 2023, with a value of EUR 11.8 billion |
06.04.2024 |
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10:04 |
World cereal output seen up in 2023/24 |
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09:55 |
FAO Food Price Index rises in March |
05.04.2024 |
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10:04 |
Shellfish Crop Insurance Program Offers Oyster Producers Needed Protection from Environmental Challenges and More |
03.04.2024 |
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23:01 |
Croatian horseradish root ‘Ludbreški hren' added to register of Protected Designations of Origin |
02.04.2024 |
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10:15 |
FAO and chef Fatmata Binta announce new project to empower women fonio producers in Ghana |
28.03.2024 |
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12:55 |
Council compromise on Ukraine ATMs – Only a half step forward in the right direction |
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09:18 |
Commission approves amendment to Italian State aid scheme to support companies in Friuli Venezia Giulia in the context of Russia's war against Ukraine |
26.03.2024 |
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10:55 |
Projected famine in Gaza: FAO urges immediate access to deliver urgent and critical assistance at scale. About 1.1 million people are experiencing catastrophic food insecurity |
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08:44 |
EU makes major step forward in the delivery of 2024 humanitarian aid for Palestinians in Gaza* |
25.03.2024 |
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16:17 |
Commission approves ˆ86.9 million Bulgarian State aid scheme to support farmers in the context of Russia's war against Ukraine |
21.03.2024 |
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11:15 |
Commission takes action to boost biotechnology and biomanufacturing in the EU |
20.03.2024 |
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11:13 |
Deal to extend trade support for Ukraine with safeguards for EU farmers |
19.03.2024 |
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09:43 |
CAP - The Commission proposes simplifications that safeguard agricultural transitions! |
18.03.2024 |
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23:10 |
The European Union and Switzerland launch negotiations to deepen bilateral relations |
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10:05 |
Commission proposes targeted review of Common Agricultural Policy to support EU farmers |
15.03.2024 |
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23:36 |
Cargill Power CanolaTM Program Helps Farmers Take Advantage of Growing Bioenergy Market Opportunities for Canadian Canola |
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23:19 |
FAO will provide Ukrainian farmers with soybean and sunflower seeds for spring sowing campaign |
13.03.2024 |
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23:27 |
FAO urges more cooperation in banana sector, significant for some least developed and low-income food-deficit countries and smallholder farmers |
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16:51 |
The European Commission sets out key steps for managing climate risks to protect people and prosperity |
12.03.2024 |
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20:25 |
Coreper and COMENVI approve the provisional agreement on EU Carbon Removal Certification Framework |
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20:24 |
INTA MEPs fail EU producers by dismissing potential improvements to Ukraine ATMs |
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08:10 |
Soybean meal is expected to be a more competitive feed ingredient on higher global supplies. |
11.03.2024 |
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09:11 |
U.S. Corn Exports Shift Destinations as Brazil Captures China Market |
08.03.2024 |
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15:20 |
Conflicts push acute food insecurity higher |
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13:21 |
FAO Food Price Index declines further in February |
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13:14 |
Packaging: Council and Parliament strike a deal to make packaging more sustainable and reduce packaging waste in the EU |
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11:45 |
Commission approves ˆ61.3 million Bulgarian State aid scheme to support farmers, producers of grain and oil crops, in the context of Russia's war against Ukraine |
07.03.2024 |
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20:41 |
First go-ahead to renewing trade support for Ukraine and Moldova |
05.03.2024 |
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15:55 |
Commission proposes to prolong road transport agreements with Ukraine and Moldova and introduces updates to the agreement with Ukraine |
02.03.2024 |
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07:31 |
Heroes of deserts and highlands: Nourishing people and culture |
23.02.2024 |
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10:21 |
BASF’s financial strength supports proposed stable dividend of ˆ3.40 per share for the 2023 business year |
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10:17 |
The Council has chosen to ignore farmers' concerns regarding Ukraine ATMs; it is now imperative for the European Parliament to take action |
20.02.2024 |
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20:27 |
South Asia is anticipated to import nearly 14 million tons wheat in 2023/24 |
19.02.2024 |
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13:00 |
Cargill and ENOUGH expand partnership to provide consumers with innovative, sustainable protein options |
17.02.2024 |
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17:47 |
Global Environment Facility approves new FAO-led projects and programs benefiting 46 countries |
16.02.2024 |
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09:10 |
The EU is at a crossroads with the Ukrainian agricultural issue - COPA-COGECA, AVES, CEFS, CEPM, CIBE, EUWEP |
13.02.2024 |
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17:31 |
European farmers exempted from rules on land lying fallow |
12.02.2024 |
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16:45 |
India Wheat Stocks Plummet to Lowest in 15 Years |
03.02.2024 |
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17:35 |
Mandarins. Global production for 2023/24 is forecast to rise to 38.0 million tons |
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