The following Global Agricultural Information Network (GAIN) reports were released on Friday, November 6, 2020.
Argentina: Argentina Introduces Export Tax Compensation Program for Small Farmers On November 2, 2020, Argentina authorized a payment scheme to compensate small and midsize farmers for a portion of their export taxes paid on soybeans. Payments are based upon sales recorded between February 1 and December 31, 2020 and smaller farms and farms located outside of the core growing region receive a more generous reimbursement rate. Due to economic uncertainty, Argentine farmers are currently sitting on record levels of soybean stocks. This measure is intended to incentivize selling for the next several months among smaller scale farmers, a sector targeted for assistance by the Fernandez government.
Hong Kong: Hong Kong Filed A Complaint to the WTO Against the US On October 30, 2020, Hong Kong officially filed a complaint with the World Trade Organization's dispute unit against the United States on the subject of the United States' new labelling arrangement, which requires Hong Kong products to be labeled as "Made in China".
On October 29, 2020, India's Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister approved revised prices for ethanol procurement by the state-owned Oil Marketing Companies (OMC) for ethanol supply year 2020-21.
South Africa: Fresh Deciduous Fruit Annual
Rice export prices remain unchanged.
In marketing year (MY) 2020/21, Turkey's total apple crop is expected to increase to 4.3 million metric tons (MMT) and the pear crop to 550,000 MT, according to the Turkish Statistics Institute. The Turkey table grape production forecast for MY 2020/21 is 2 MMT. Fresh fruit exporters are hopeful for the new marketing year with a weak Turkish Lira supporting additional exports.
Ukraine adopted several maximum residue levels (MRLs) for veterinary drugs, coccidiostats and histomonostats in food products of animal origin. Ukraine also adopted a list of drugs residues that are not allowed in food products.
For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.
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Monday, November 9, 2020
GAIN Reports from Friday, November 6, 2020
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