Browse Data and Analysis

Corn production in 2023/2024 is forecast to increase slightly, despite a reduction in planted area, as commercial farmers look positively at 2023 average record prices of $625/metric ton (MT) at the wholesale markets.

El Salvador’s food manufacturing sector has been able to successfully adapt to a challenging environment and has provided signals of a rapid recovery, despite facing a continuous crisis generated by the COVID-19 pandemic and the supply chain shortages that increased the costs of raw materials and other inputs needed to produce food.

In 2022, the French food processing sector encompasses approximately 17,300 companies ranging from small family-owned businesses to some of the world’s largest multinationals.

Japan introduced an emergency program to induce early slaughtering of less-productive dairy cows in March 2023 as an incentive to reduce excess milk production and support dairy farm management.

Ministry of Agriculture, Forestry and Fisheries (MAFF) in Japan has announced an agreement with U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) to lower High Pathogenic Avian Influenza related trade restrictions on U.S. poultry products exported to Japan, starting April 3rd.

On March 20, Japan’s Ministry of Health, Labour, and Welfare (MHLW) and Ministry of Agriculture, Forestry, and Fisheries (MAFF) added a waxy corn product to their lists of genome edited products not subject to regulations for genetically engineered food, feed, and biodiversity.

Saudi Arabia is the largest economy in the Arab world and home to a growing food manufacturing and processing sector. Total investments in the sector are projected to reach $70 billion in 2030, an increase of approximately 59% over total investments in 2016.

Spain is one of the largest markets worldwide for fish and seafood. In 2022, Spain was the fourth largest importer of fish and seafood in the world after the United States, China, and Japan.

The United Arab Emirates' food processing sector continues to expand, bolstered by strong economic growth and local demand. There are over 568 food and beverage processors and manufacturers in the UAE, most of which are small to medium size.

Turkey’s grain sector continues to grapple with different challenges, the most recent of which are earthquake and drought.

Post forecasts little change in overall feed production in MY2023/24 but corn utilization in feed rations should rise while wheat and rice utilization should decline.

Since the Netherlands lifted all COVID-19 related restrictions at the end of February 2022 and most people returned to the workplace, new opportunities continue to emerge for U.S. agricultural products. Consumers are especially interested in healthier, more convenient, nutritious, and high-quality products.