Browse Data and Analysis

With favorable weather conditions and an expansion in the area harvested, Turkey’s sunflowerseed production is forecast to hit a record of 1.9 million metric tons (MMT) in marketing year (MY) 2022/23. Production of sunflower meal and oil are likewise projected at record highs.

This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.

For 2022, robust tourism demand will be a key driver for economic growth in the Dominican Republic (DR). The World Tourism Organization recognized the Caribbean nation as its top-ranked country after its rapid recovery in tourism following the COVID-19 pandemic.

In 2021, consumer food-services sales grew by 42.5 percent, reaching $3.5 billion. In mid-2021, pandemic restrictions began to relax, and restaurants reopened to the public. The Chilean Central Bank estimates a two percent GDP growth in 2022 and a one percent GDP decrease in 2023.

Post forecasts China's MY2022/23 feed and residual to decrease one percent from MY2021/22. Corn production for MY2022/23 is forecast at 270 MMT, 4 MMT lower than USDA’s official forecast and 2.5 MMT lower than MY2021/22 due to lower planting area and yield losses caused by excessive rains in the northeast.

This report gives an overview of the food service – hotel, restaurant, and institutional sectors in Honduras and outlines current market trends, including best product prospects. In general, Hondurans like to dine out, both for convenience (mainly people working outside of the home) and on the weekends with family.

Post adjusts the Marketing Year (MY) 2021/22 palm oil production forecast down to 18.2 million metric tons (MT), due to ongoing labor shortages. The MY2021/22 palm oil export estimate is revised to 16 million MT, a drop of 500,000 MT due to the estimated drop in production and resumption of Indonesian palm oil exports. Palm oil prices continue to fall as key buyers, India and China, prefer soybean oil to palm oil.

Post revises the total feed demand forecast down to 26.6 million tons in MY2021/22 as Vietnam continues to face issues with African Swine Fever, inflation, and high feed ingredient costs.

FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2022/23 (July – June) at 11.0 MMT, down from the previous marketing year estimate of 11.5 MMT. Egypt was able to secure a steady supply of wheat through diversification of wheat origins whether through tenders or implementing direct purchasing of wheat from several countries.

The HRI report provides U.S. agricultural exporters current information on market trends and the best product prospects for the Guatemalan market.

On October 3, 2022, the Dutch government announced Mr. Piet Adema has been named the new Dutch Minister of Agriculture, Nature, and Food Quality. Mr. Adema replaces Henk Staghouwer who resigned in September after he informed the Dutch Cabinet and Parliament about his Ministry’s delay in providing a plan for the future outlook of the Dutch agricultural sector and after he failed to obtain Brussels’ permission to continue to exceed caps on how much manure farmers can apply to their fields.

On October 3, 2022, the Office of the President of Mexico announced the Opening Agreement against Inflation and Scarcity (APECIC) between the Government of Mexico and fifteen private companies, aimed at combatting food price inflation. The agreement extends through February 2023 and pledges to reduce the prices of 24 basic goods (mostly food items) by eight percent.