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During CY 2018, Mexico remained the second largest consumer market in Latin America (after Brazil).
Retail sector in Colombia continues to thrive because of a robust economy and a growing middle class.
On June 22, 2019, the Canadian Food Inspection Agency published proposed new requirements for food labeling; interested stakeholders have until September 4 to comment.
Canada revised prescriptive vodka compositional standards to promote competition and growth in the vodka industry.
Production for Marketing Year (MY) 2020 is forecast at 2.02 million metric tons (MT), 1 percent above MY2019: a slight increase in area but yields continue at a very low 2.05 MT per hectare (Ha).
MY 2018/2019 corn production is forecast at a record 101 million metric tons (MMT), 25 percent higher than MY 2017/2018 production and 2.5 MMT larger than the previous record harvest in MY 2016/2017.
For the 2019/20 harvest, Post forecasts a modest soybean planted area expansion to 37 million hectares, up from 36.2 million hectares in the current season.
Panama’s food processing ingredients market is valued at $110 million annually with U.S. products holding 60 percent of the market share.
In 2018, Canada’s total food and beverage industry sector sales reached $87 billion.
The Government of Bolivia approved two new genetically engineered events for soybeans in April 2019.
The U.S-Panama Trade Promotion Agreement (TPA) entered into force on October 31, 2012.
Canada revised prescriptive beer compositional standards to better reflect and support a diversifying beer industry, while providing beer drinkers greater information about allergenic content.