Uzbekistan’s cotton production in marketing year (MY) 2023/24 is forecast unchanged from the previous year at 675,000 metric tons (MT) (3.10 million bales).
FAS Bangkok (Post) expects soybean imports to rebound in Marketing Year (MY) 2022/23 and further increase to around 4 million metric tons in MY2023/24.
FAS/Managua projects Nicaraguan sugar production and exports recovering in marketing year 2023/24.
The U.S.-Japan Trade Agreement (USJTA) will enter Year 5 of agreement implementation on April 1, 2023.
Japan announced low tariff-rate quotas for butter (8,000 MT) and non-fat dried milk (750 MT) in Japanese fiscal year 2023.