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Post lowers marketing year (MY) 2023/2024 production to 49.5 million metric tons (MMT), still nearly double last year’s crop, based on a stretch of dry and hot weather in the major production areas despite previous ideal rains following planting.
This report aims to educate U.S. food manufacturers on the unique and subtle differences in doing business in Canada, relative to the United States.
In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.
Brazil is the second-largest chicken meat producer in the world after the United States, and the largest chicken meat exporter in the world.
After the 2023/24 El Niño cycle, fishmeal production in marketing year (MY) 2024/25 is expected to recuperate back to 1.1 million metric tons (MMT), a 39 percent increase compared to the previous year's estimates.
Argentine beef exports in 2024 are projected up at 920,000 tons carcass weight equivalent, 20,000 tons higher than USDA official.
Brazil is currently at the bottom of the cattle cycle, liquidating inventories since 2023. The oversupply of cattle for slaughter has led to a slow price recovery and longer-term impact to the replacement market.
Following nearly exponential growth in the last decade, Peru's blueberry export volume fell in 2023 as a result of warmer weather conditions, especially in the principal production areas of northern Peru, which severely limited flowering between March and October.
Industry experts expect a November 11, 2023, update to the Costa Rican biotechnology regulatory framework will facilitate utilization of innovative biotechnologies and reduce barriers to common applications of modern biotechnology.
On January 10, the Quebec Ministry of the French Language launched consultations on the Draft Regulations, which includes necessary amendments and clarifications to Bill 96, An Act respecting French, passed on June 1, 2022.
The Canadian market offers opportunities for food and beverage producers to highlight important production attributes unique to their products. Consumers in Canada increasingly demand more transparency about the origin of food and beverages in their diets and the production practices used to grow and manufacture them.
Costa Rica declared the re-emergence of New World screwworm a national emergency on February 7, 2024, nearly 7 months after reporting its first case since the late 1990s.