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New changes to Panama's import requirements reflected in this report are for fresh potatoes, poultry products, and sanitary registrations for pet food, raw materials, ingredients and additives. Consumers continue to perceive U.S. food products as high quality, wholesome and reliable, which has resulted in continuous growth in demand.

Next season, Post forecasts corn area to expand by one million hectares (ha), to a total of 22.5 million ha, and production to top 118 million metric tons (MMT). The wheat planted area will grow to 3.4 million ha, with production reaching nearly 9 MMT.

For marketing year (MY) 2022/23 Post projects continued expansion of soybean planted acreage to 1.225 million hectares (HA) and production of 2.8 million metric tons (MMT).

In marketing year (MY) 2022/2023 Post forecasts Uruguay to increase its wheat area somewhat, but production and exports would be marginally lower than in the past two marketing years due lower expected yield.

Post projects marketing year (MY) 2022/2023 soybean production at 10 million metric tons (MMT) on 3.45 million hectares as Paraguay rebounds to more normal conditions following a significant drought. MY 2022/23 exports are projected at 6 MMT.

Venezuelan agricultural imports grew by 33.1 percent in 2021 due to a stabilization of the economy and a recovery in consumer demand. Nevertheless, agricultural imports fell by 5.1 percent in volume due to significant commodity prices increases.

This report outlines updated plant and label registration guidance for U.S. dairy product exporters to Brazil. The USDA Foreign Agricultural Service Office of Agricultural Affairs (OAA) Brasília will continue to provide assistance for U.S. plant registration in Brazil, however, U.S. dairy product exporters will be responsible for product label registration in Brazil.

This report outlines updated plant and label registration guidance for U.S. fishery product exporters to Brazil. The USDA Foreign Agricultural Service Office of Agricultural Affairs (OAA) Brasília will continue to provide assistance for U.S. plant registration in Brazil, however, U.S. fishery product exporters will be responsible for product label registration in Brazil.

This report outlines updated plant and label registration guidance for U.S. meat and meat product exporters to Brazil. The USDA Foreign Agricultural Service Office of Agricultural Affairs (OAA) Brasília will continue to provide assistance for U.S...

According to the Brazilian Food Processors' Association (ABIA), the country's food processing sector registered revenues of R$922.6 billion (US$171 billion) in 2021, an increase of 16.9 percent compared to 2020. Although the country has suffered from the COVID-19 pandemic, the advances in vaccination and a rebound in the service sector have contributed to the industry's performance.

This report provides information to U.S. exporters of agricultural and related products on how to do business with the Food Processing industry in Panama. It is primarily a service-based economy, but food processing is one of its top industries.

Canola ending stocks are forecast to close marketing year (MY) 2021/22 at just 15 percent of the five-year average, driven by reduced yield due to drought and strong global demand for oilseeds. Assuming a return to average yields, canola exports are forecast to nearly double in MY 2022/23, driven by strong global demand for oilseeds and a rebuilding of exportable supplies.