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U.S. corn exports to Colombia hit historic trade levels at 3.6 million metric tons (MT) in Marketing Year (MY) 2014 with a trade value of $861 million.
The marketing year (MY) 2015/16 corn production is forecast at 23.4 million metric tons (MMT).
The Government of Costa Rica recently issued a Decree fixing producer and consumer prices of rice, thus maintaining a longstanding policy of price fixing in the domestic rice market.
Ecuador’s COMEX Resolution 011-2015 (March 6, 2015) will have a significant impact on U.S. consumer-oriented export products such as beef, pork, confectionary, and fresh fruits.
U.S. corn exports to Peru sky-rocketed in CY 2014 to a record 1.7 MMT valued at $432 million.
Ecuador’s wheat production in marketing year (MY) 2015/16 (July-June) is forecast to reach 5,000 metric tons (MT), down about 1,000 MT from the MY 2014/15 estimate.