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Excise Tax on Industrialized Products (IPI) on alcoholic beverages was changed from an ad rem to an ad valorem system.
Production losses caused by Algae Bloom of Pseudochattonella verruculosa are estimated to be up to 100,000 MT, which represents 10% of Chile’s annual salmon production.
On March 21, 2016, Canada’s Minister of Agriculture attended the House of Commons Standing Committee on Agriculture to present Agriculture and Agri-Food Canada’s planned spending for the coming year.
On March 23, 2016, legislation was signed into law to increase Brazil’s biodiesel-use mandate from the current 7 percent, to 10 percent by 2019.
Post/New marketing year (MY) 2016/17 total Mexican cotton production is forecast to decrease approximately 4 percent due to an expected decrease in planted area.
Colombian grain production could be impacted in 2016 as the period of drought from the El Niño weather phenomena transitions to rainier conditions of La Niña.
The Canadian Food Inspection Agency (CFIA) announced its new policy toward private certification in the context of food safety.
Canada announced its new policy on incorporation by reference, a drafting technique that brings the content of the incorporated document into a regulation, without the need to reproduce the document..
The marketing year (MY) 2016/17 corn production is forecast at 22.6 MMT with harvested area estimated at 6.95 million hectares.
Graphic illustrating the growth of U.S. agricultural and related product exports to Chile between 2000 - 2015.
Graphic illustrating the growth of U.S. agricultural and related product exports to Peru between 2000-2015.
2016 production is revised up by 105,000 tons to 2.2 million tons on higher domestic demand and minor export growth.