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On May 23, 2018, Canada enacted a sweeping legislative update intended to improve Canadian grain shippers’ access to rail services and mitigate uncertainty caused by the expiration of regulations....
In order to maintain soybean processing at normal levels, Argentina is importing US soybeans for the first time in over two decades.
For CY 2018, production of the two types of fresh deciduous fruit is forecast to decrease to 530,000 MT for apples and 530,000 MT for pears from official USDA estimates.
Mexican wheat and rice production estimates for marketing year (MY) 2018/19 have been revised downward, as planted area for both crops is lower than previously expected.
Based on preliminary data, Costa Rica’s MY 2017/2018 coffee crop reached 1,510,000 60 kg. bags.
Honduras is the largest coffee producer in Central America and the third largest in Latin America. Honduras ranks fifth globally in coffee production.
Fluid milk production in Mexico is forecast at 12.4 million MT for 2018, continuing growth and supplying fluid milk for processed and added-value dairy products.
ATO/Sao Paulo forecasts Brazil’s coffee production for Marketing Year (MY) 2018/19 (July-June) record at 60.2 million 60-kg bags, an increase of 9.3 million bags relative to the previous crop.
For marketing year (MY) 2017/18 fresh apples exports are expected to reach 731,000 metric tons (MT) following a surge in exports in the months of April and May to levels of a regular year.
In marketing year (MY) 2017/18, Colombian coffee production is estimated to decrease to 14.2 million bags (1 bag = 60 kilograms unless otherwise noted) green bean equivalent....
The Post/New marketing year (MY) 2018/19 forecast for coffee production is 4.5 million 60/kg bags.
Economic mismanagement and an overdependence on oil exports have led to Venezuela’s economy contracting for the fourth year in a row, down an estimated 15 percent in calendar year (CY) 2017.