Allocation of sugar quantity for export under tariff rate quota, USDA
The Dollar Business Bureau The US Department of Agriculture (USDA) had announced a non-country specific tariff rate quota (TRQ) for exporters of refined sugar from World Trade Organization (WTO) countries. Refined sugar of 1,82,000 metric tons raw value (MTRV) has been allocated for the US fiscal year of 2018, which begins on Oct 1, 2017 till September 30, 2018. Of the 182000 MTRV of sugar, 22000 MTRV of sugar (which also includes 1656 MTRV of specialty sugar) and an additional 160000, TRV for specialty sugars. Imports of organic and other specialty sugars are administered on a first-come-first serve basis in 5 tranches, as detailed below in the USTR report. On October 2, 2017, under the first tranche, 1656 MTRV of all types of specialty sugar ...
India's dairy products export flat at 30k in 2016
Source: PTI India's dairy products (non-fat dry milk) exports are projected to remain flat at 30,000 tonnes next year on expectations of high global supplies and low prices, according to a latest USDA report. The country's milk output may increase by 4.8% to 154 million tonnes assuming a normal monsoon in 2016, while domestic consumption of milk is forecast to rise by 5% to 62.75 million tonnes in the same period, the US Department of Agriculture (USDA) said. “Overall dairy exports (from India) are minimal due to high domestic consumption. CY 2016 non-fat dry milk (NFDM) exports are projected to be flat at 30,000 tonnes due to uncompetitive export prices,” USDA said in its report. High global supplies are expected to ...
Rise in consumption, weak global demand hit Indias coffee exports
The Dollar Business Bureau Increasing domestic consumption and weak demand in the European markets have led to a continuous fall in India’s coffee exports. The value of coffee exported by India in April 2015 was $77.5 million, about 25% lower than that recorded a month ago, as per data issued by the Ministry of Commerce. Though India registered a marginal increase of 0.52% in coffee exports between April 2014 and March 2015, as compared to the previous year, the country’s overseas shipment is expected to fall by 5.6% during the ongoing marketing year till September. India's coffee exports are likely to decline to 4.7 million bags in the ongoing marketing year ending in September due to weak demand from ...
Indias agri exports fastest growing in the world: USDA
Bidhu Bhushan Palo | @TheDollarBiz Growing production due to government support is behind India's agri export competitiveness, says report India’s agri exports have grown at a rate of over 21% in the last decade (2003-2013) helped by government support and a changing export matrix, according to a new report by the US Department of Agriculture (USDA). India’s rapid growth overshadows the growth rate of 15% recorded by Brazil, 12% by China and 9% by USA in the sector in the last ten years. Last year, India overtook Australia to become the world’s seventh largest exporter of agricultural products (up from the 13th position in 2003), and in terms of net exports, India is now the world’s sixth-largest net exporter of agricultural ...
India gains USAs share in cotton exports to China
The Dollar Business Bureau | @TheDollarBiz USA’s share in the Chinese cotton import market is the lowest in a decade, while India’s share is the highest in nearly two decades, according to a report by the US Department of Agriculture (USDA). China plays a vital role in the world cotton market. China is not only the world’s largest producer and consumer of cotton, it is also the top importer (accounting for about 34% of global cotton imports) and holds an estimated 60% of global cotton stocks. On the supply side, USA is the top exporter of cotton, exporting around 80% of the 2.8 million tonnes of cotton produced in the country or 25% of global cotton exports. USA ...
USAs ban on imports of sick, young puppies likely to hurt puppy mills in Europe, Ukraine
Bidhu Bhushan Palo | @TheDollarBiz The US Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) has made it mandatory that live dogs that are imported into the country for resale must be vaccinated, in good health, and over six months of age. The move follows continued criticism by animal welfare organisations that not enough was being done to stop the suffering of imported dogs. The Humane Society of United States says that prior to the ruling, thousands of puppies, often a few weeks old, were made to suffer while being transported to USA and many died during transit. The new rule is expected to address such concerns. According to Kevin Shea, APHIS Administrator, the amendment reflects the ...
