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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.
22.12.2024 |
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05:26 |
FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024 |
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03:53 |
The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion |
19.12.2024 |
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09:05 |
World coffee production for 2024/25 is forecast 6.9 million bags higher |
18.12.2024 |
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23:11 |
China’s Expanding Coffee Consumption |
17.12.2024 |
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22:37 |
Bangladesh Soybean Import Recovery Expected to Continue |
14.12.2024 |
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21:03 |
World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million |
13.12.2024 |
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09:11 |
U.S. Fresh Pear Exports Fall on Historically Low Harvest |
10.12.2024 |
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21:03 |
Indonesia Grain Imports to Subside after 2023/24 Record |
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08:14 |
Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise |
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07:45 |
Cereal trade revised downwards amid weaker demand |
02.12.2024 |
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23:17 |
Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition |
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22:56 |
Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative |
01.12.2024 |
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03:30 |
EU agri-food trade slowed down in August 2024 |
26.11.2024 |
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00:06 |
Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million |
24.11.2024 |
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04:43 |
During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy |
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04:15 |
Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President |
22.11.2024 |
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10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
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23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
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22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
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16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
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09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
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09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
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20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
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20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
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22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
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21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
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10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
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23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
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11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
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09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
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23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
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20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
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17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
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20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
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17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
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09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
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10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
21.09.2024 |
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18:30 |
Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS) |
17.09.2024 |
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09:52 |
Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America |
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08:44 |
FAO calls for G20 cooperation as hunger targets continue to elude |
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06:40 |
FAO sees open trade as a cornerstone of global food security |
13.09.2024 |
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07:08 |
U.S. Soybean Meal Hits 10‐Year High for Export Sales |
12.09.2024 |
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21:26 |
U.S. Corn Exports Buoyed by Large Supplies |
11.09.2024 |
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04:30 |
Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract |
06.09.2024 |
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11:35 |
FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices |
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10:34 |
Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers |
05.09.2024 |
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09:23 |
PM: Plan to develop small generation facilities to reduce vulnerability to terrorism |
30.08.2024 |
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05:03 |
Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy |
19.08.2024 |
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12:00 |
OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES |
16.08.2024 |
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17:10 |
Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields |
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