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Higher rates of discretionary blending supported higher Canadian imports of U.S. fuel ethanol in 2016 and 2017.
The expanded Panama Canal in June 2016 marks a key milestone in Panama’s history as an important water route for world trade.
Costa Rica’s food processing sector continues to grow, in response to the demand for ready-to-eat meals and convenience foods.
Post expects slower growth in the vegetable oil and oil meal sectors in MY 2018/19, given potential declines in consumer purchasing power and general economic uncertainty.
Post forecasts cotton planted area for 2018/19 to increase to 1.2 million hectares, the highest level since 2012, based on higher prices and domestic demand.
In 2016, retail food and beverage sales in Canada amounted to $73 billion, comprising 85 percent of total food and alcohol beverage sales.
The Canadian food and beverage processing sector is an advanced, increasingly export-oriented $85 billion engine of economic growth.
The food processing industry is a huge component of Ecuador’s manufacturing sector, grossing $5.9 billion in 2016.
Peru’s food processing industry is a dynamic sector of the national economy.
Peruvian wheat production is all consumed domestically. Wheat imports in MY 2018/19 are forecast at 2.06 MMT.
Wheat consumption in the Dominican Republic (DR) during Marketing Year (MY) 2018/2019 (July 2018/ June 2019) is forecast at 410,000 metric tons (MT), with imports remaining strong at 540,000 MT.
Chile’s wheat planted area for the past ten years has stabilized showing small variations in response to prices and farmers’ short-term expectations.