| The following GAIN reports were released on February 12, 2025. _______ On December 23, 2024, the European Union published Regulation 2024/3234, which officially delayed the entry into application of the European Union Deforestation Regulation (EUDR) until December 30, 2025. No additional revisions beyond the postponement were made. Guidance documents and training resources are now available for stakeholders. In January 2025, the Government of Indonesia (GOI) enacted a new regulation to curb exports of palm waste products, citing that they have already exceeded the "reasonable capacity," in the hopes of shoring up feed stock supplies for domestic cooking oil and biofuels production. This measure is also an attempt to halt "mixture practices" of blending crude palm oil (CPO) with palm waste exports to circumvent the once higher CPO export levy and take advantage of foreign demand for waste-based feedstocks. On February 5, 2025, the Israeli Ministry of Justice and the Israeli Ministry of Health published a request for public comments on the domestic application of changes to the Annex to European Union Directive 396/2005, amending the regulation for the maximum residue levels (MRLs) for pesticides in food and feed of plant and animal origin. The publication, which has not been notified to the World Trade Organization, is only open for public comment until February 19, 2025, 23:59 (Israel Standard Time). In 2024, the total value of U.S. agricultural and related products exported to Taiwan was $3.8 billion, an increase of two percent compared to the previous year. Consumer oriented agricultural products continue to play an increasingly important role and 2024 marks the second consecutive year in which beef surpassed bulk commodity soybeans as the highest-value export BICO category. The top six U.S. export categories to Taiwan in 2024 included beef ($709 million), soybeans ($601 million), corn ($384 million), wheat ($325 million), fresh fruit ($262 million) and poultry ($262 million). Excluding Related Products, Taiwan still ranked as the eighth largest export destination in 2024 despite only tepid export growth from the previous year. From 2021 to 2023, Taiwan was the seventh largest export destination for U.S. agricultural exports. Uzbekistan plans to increase its textile exports from $3 billion to $7 billion by 2028, which depends on a stable supply of raw cotton. However, this goal faces challenges as cotton production is under pressure due to various factors. Uzbekistan's cotton lint production for MY 2024/25 is expected to reach 640,000 metric tons, lower than previously forecast due to pest issues and reduced raw cotton prices, which led to unharvested cotton left in the fields. As processing capacity expands through government investment, consumption is expected to gradually surpass production. In MY 2024/25, cotton lint consumption is forecast higher at 660,000 MT and imports from neighboring countries will continue to fill the gap. For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. | 
No comments:
Post a Comment