FAS Daily
Attache Report Digest
May 20,
2004
FAS Daily Attache Report Digest
Annual
NIGERIA, May 20, 2004 -- Nigeria's lint exports over the
last two years have increased in response to the GON's Export
Expansion Grant introduced in 2001. However, domestic lint
output has not kept pace with growth in demand by the local
textile industry and export market. Textile manufacturers are
currently grappling with scarcity and record high lint prices.
The modest recovery recorded by the textile sector in recent
years is now threatened as some manufacturers have had to
suspend operations. In January 2004, the GON banned all
textile imports to protect local producers and reduced its
Export Expansion Grant on lint from 40 percent to five percent
to boost domestic availability.
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Semi Annual
MEXICO, May 20, 2004 -- On December 24, 2003, Mexico (SAGARPA)
banned imports of live cattle and bovine products following
the detection of Bovine Spongiform Encephalopathy (BSE) in
Washington State. Mexico's ban on imports of live cattle and
bovine products did not apply to milk, dairy products, embryos
and semen. These products may be imported to Mexico without
hindrance.
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Coffee Update
COTE D'IVOIRE, May 20, 2004 -- Post has revised upwards its
2000/2001 and 2001/2002 production estimates. Previous Post
estimates included only marketed production, which is the
portion of farmers' harvest actually sold. Farmers sold over
98 percent of then total harvest before the advent of price
crisis, which became pronounced starting in the 2000/2001
marketing year. Farmers' sales dropped by 15 and 13 percent
respectively for the two marketing years 200/2001 and
2001/2002.
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Annual
COTE D'IVOIRE, May 20, 2004 -- Post forecasts 2004/2005
coffee production to continue to be down due to persistent
producer price deterioration, a lingering unstable political
situation and increasing farm neglect.
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Annual
PHILIPPINES, May 20, 2004 -- Philippine coffee production
is forecast to decline in MY 2003-04 as a result of low yield
and senility of existing coffee trees. Due to declining
domestic production, coffee imports are expected to remain
high to meet nearly half of the country's growing demand.
Coffee buying prices (Robusta) increased by 36 percent in
2003.
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Annual
MALAYSIA, May 20, 2004 -- Tobacco has dropped from being
America's second largest ag export item in 2002 to the fifth
largest ag export item to Malaysia in 2003. Due to new import
regulations, leaf imports plummeted in 2003. Outlook for leaf
imports in 2004 is even less promising in order to meet the
GOM's new requirement of using 70 percent domastic leaves.
Post expects cigarette output to drop 7 to 8% in 2003.
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Annual
EU-25, May 20, 2004 -- EU-25 grain production is set to
rebound in MY 04/05 with production rising 41 MMT to 271 MMT
(wheat plus coarse grains). The increased domestic
availability of grain will likely see exports, feed use and
stocks return to trend level, though import requirements are
forecast to decline to just 6.8 MMT from 14.6 MMT and 15.4 MMT
in 03/04 and 02/03. This is due to good domestic availability
as well as TRQs effectively limiting barley and feed quality
wheat imports. However, U.S. exports of high quality wheat to
the EU are forecast to be 1.3 MMT in 04/05, the same level as
in 02/03.
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Rice Weekly Update
VIETNAM, May 20, 2004 -- The price of Vietnamese 25% broken
rice firmed-up in early May due to the Philippines's rice
tender.
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Annual
PHILIPPINES, May 20, 2004 -- With Philippine raw cotton
production supplying less than 3 percent of total domestic
cotton requirements, the Philippines will continue to rely on
imports to meet domestic demand in MY 2004-05 and beyond. The
United States is likely to remain the largest supplier of
combed cotton, followed by Pakistan, Australia and South
Africa. With the end of the quota system for garments starting
in 2005, domestic cotton consumption is forecast to decline
next year. The garments and textile sector is the single
largest buyer of raw cotton and the garments sector is
country's second highest export earner.
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Annual
UKRAINE, May 20, 2004 -- Oilseed production in Ukraine in
2004 is expected to decrease slightly following last year's
record sunflower crop. Lower production and crush will result
in lower exports of sunflowerseed and oil while vegetable oil
consumption is anticipated to increase reflecting higher
consumer incomes. U.S. soybean meal will most likely continue
to lose market share in Ukraine in MY 2004/2005 due to strong
price competition from South American and Western European
suppliers, despite a forecasted increase in import demand.
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Annual
INDONESIA, May 20, 2004 -- As a result of continued low
prices, growing production costs, and declining productivity,
Indonesia's coffee production is forecast to continue falling
through 2004/05. Given the expectations for lower domestic
supplies, exports are forecast to decline as well. The low
returns have discouraged investment and expansion in
Indonesia's coffee sector, and prospects for any rebound
remain dim. One bright area has been in production of
specialty coffees, which obtain a premium on the international
market. However, these niche market type coffees comprise a
small proportion of Indonesia's total production.
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Establishment of State Phytosanitary Administration
BOSNIA AND HERZEGOVINA, May 20, 2004 -- The Bosnia and
Herzegovina Council of Ministers recently established a State
Phytosanitary Administration. The Administration has yet to be
organized and staffed. However, it will be in charge of
drafting regulations, improving plant health protection,
policy issues, serving as the enquiry point and representing
BiH internationally. The Ministry of Foreign Trade and
Economic Relations will be the umbrella organization for the
Administration.
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Annual
AUSTRALIA, May 20, 2004 -- The 2004/05 season is expected
to see the Australian cotton industry recover somewhat from
the negative impacts of the drought that began in 2002/03.
However, cotton production is forecast to remain below levels
experienced prior to the drought. Exports are forecast to rise
in 2004/05, in line with higher production. Post forecasts
stocks to continue to be drawn down, which along with higher
production, will permit the first rise in exports since
2000/01.
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