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The food processing industry is an important component of Ecuador’s manufacturing sector. This sector contributes 45 percent to Ecuador’s manufacturing gross domestic product and grossed $12 billion in net sales.
Peru's grain production has been impacted by a prolonged drought in 2022 and flooding in March 2023, mostly affecting corn and rice. Wheat imports in MY 2023/2024 are forecast at 2.25 MMT.
In marketing year (MY) 2023/24, Post forecasts wheat area harvested will reach 215,000 hectares (ha) and production will total 1.32 million metric tons (MMT), unchanged from MY 2022/23 as production was limited by the high costs of inputs.
On Friday, March 24, 2023, the Federal Registry published to the addition of “Article 216 Bis” to the General Health Law related to trans fats. The addendum will regulate the use of trans fats in food processing, mandating that the fatty acid content should not exceed 2 percent of the product’s total nutritional value.
Post estimates marketing year (MY) 2022/2024 soybean production at 875,000 metric tons (MT), the lowest level in sixteen years due to a historic drought affecting Uruguay and neighboring Argentina. As a result, Post reduces MY 2022/23 exports to 850,000 MT.
Wheat production in marketing year (MY) 2023-2024 is forecast to remain flat at 1.2 million metric tons. Production will remain flat despite a larger harvested area as Post projects a return to trend from high yields in the previous season.
Canada Border Services Agency (CBSA) will implement the second release of its Assessment and Revenue Management (CARM) project in October 2023.
Following a review of aluminum in foods, Health Canada announced, on March 9, 2023, its intention to revise certain permitted uses of aluminum-containing food additives.
On March 6, 2023, the federal government opened applications for six programs under the Sustainable Canadian Agricultural Partnership (SCAP), Canada’s new iteration of its five-year farm policy framework.
The Dominican Republic´s food processing industry was valued at $4.3 billion during calendar year (CY) 2022 in activities categorized as “food industry” with an additional $1.1 billion for processed beverages and other products over the same period.
The United States and Brazil are world leaders in agricultural research, and our collaboration over the last several decades has been a cornerstone of the close relationship between our two countries.
On March 19, 2023, Mexico’s Federal Commission for the Protection against Sanitary Risks (COFEPRIS) announced the annual import quota for two types of the agrochemical glyphosate.