GAIN Reports from Monday, March 2, 2020

The following Global Agricultural Information Network (GAIN) reports were released on Monday, March 2, 2020   Ecuador: Ecuador Renews Tariff Exemptions for Soybean Meal and Wheat Ecuador extended its tariff exemption for soybean meal and wheat imports from all origins for five years, effective January 1, 2020. In 2019, U.S. soybean meal exports totaled $191 million and U.S. wheat exports totaled $90 million.  Japan: USJTA Treatment for Fats and Oils This is one in a series of reports providing concise overviews of how the U.S.-Japan Trade Agreement (USJTA), which entered into force on January 1, 2020, affects certain product groups. Once USJTA is fully implemented, nearly 90 percent of all U.S. food and agricultural products imported into Japan will be duty free or receive preferential tariff access. Please note that the information provided is not fully comprehensive and additional details may be found in the agreement text itself.  Additional information is available at www.usdajapan.org/usjta.   Peru: Grain and Feed Annual Peru's corn imports are forecast to continue to grow due to demand from the booming poultry industry. U.S. exports of corn fell in marketing year 2019/ 2020, but should rebound in marketing year 2020/2021 as the Peruvian price band reactivates. The Peru's Consumer Defense and Intellectual Property Right Institute dismissed its self initiated countervailing duty case against U.S. corn exports to Peru in January 2020. While Peru's wheat exports remained relatively stable, the U.S. wheat exports to Peru are forecast to increase, reaching 800,000 MT in MY 2020/2021.   For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.   Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by USDA Foreign Agricultural Service. This email was sent to stevenmagallanes520.nims@blogger.com using GovDelivery Communications Cloud on behalf of: USDA Foreign Agricultural Service · 1400 Independence Avenue, SW · Washington, DC 20250