| The following Global Agricultural Information Network (GAIN) reports were released on Friday, April 16, 2021.
Dominican Republic: Sugar Annual With sugar production zones recovering from the drought that affected the country in the past years, Post forecasts an increase in sugar production to 610,000 metric tons (MT) during Marketing Year (MY) 2021/2022 (October/September). During MY 2020/21, Post estimates sugar production of 600,000 MT, a slight increase from the 592,748 MT produced during MY 2019/20, as a return to normal rainfall patterns continues to increase yields in the Dominican production zones. Additionally, for MY 2021/22, Post projects exports to remain stable at 190,000 MT. Exports are expected to fill the annual U.S. sugar tariff-rate quota (TRQ) due to price premiums in the U.S. market.
The Office of Agriculture Affairs (Post) forecasts refined sugar production in marketing year (MY) 2021/22 to increase by approximately 2.6 percent or 75,000 metric tons (MT) to reach 2.85 million metric tons (MMT). Of this total forecast, 1.58 MMT of sugar will be derived from sugar beets, while 1.27 MMT will be sourced from sugarcane. This increase in production is attributed to good procurement prices of sugar beets. Post forecasts total sugar domestic consumption in MY 2021/22 to increase by 2.6 percent or 90,000 MT to reach 3.43 MMT. Egypt's raw sugar imports in MY 2021/22 are forecast to remain unchanged at 800,000 MT. The Egyptian government allocated 76,000 ha to UAE-funded one billion project for beet production.
Japan: MAFF Releases Interim Report on Green Food System Strategy Japan's Ministry of Agriculture, Forestry, and Fisheries (MAFF) is developing a green food system strategy for agricultural, forestry, and fishery supply chains, with a 2050 timeline for implementation. Through the initiative, MAFF aims to reduce carbon dioxide emissions to zero, reduce pesticide and fertilizer use, convert 25 percent of arable land to organic production, and achieve a number of other sustainability targets. The strategy also calls for importers, both government and private sector, to prioritize suppliers that account for sustainability in their supply chains. MAFF recently published an interim report summarizing implementation strategies and key targets, but plans to roll out additional information throughout 2021, including at the United Nations Food Systems Summit in September.
In MY2021/22 wheat imports are forecast to reach 1.2 MMT. Barley consumption is expected to increase to 810 TMT, as farmers build up their herds due to increase in demand of their prized Awasi sheep in the Gulf countries. U.S. corn and rice imports are forecast at 100,000 MT, 95,000 MT respectively, with U.S. rice as the leading supplier of the Jordanian market.
Vietnam: Oilseeds and Products Annual Soybean meal demand for feed use is forecast to increase in MY2021/22 as the swine herd repopulates from the impacts of African Swine Fever, along with a forecasted increase in poultry production and bovine herd expansion. Increased domestic soybean crush is driven by increasing feed and oil consumption demand. Soybeans for food consumption are also forecast to increase due to expected recovery from COVID-19. Post forecasts increases in imports of soybeans and soybean meal in MY2021/22.
For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.
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