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- (-) May 2017
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Peruvian imports of U.S. corn continue skyrocketing, reaching 1.5 MMT ($251 million) during January/April 2017.
For CY 2017, production of fresh apples and pears is revised down to 530,000 MT and 500,000 MT, respectively, and table grape production will remain unchanged at 40,000 MT.
After years of struggling with coffee leaf rust outbreaks, Peruvian coffee production is forecast at 4.5 million bags (60-kilograms per bag) during marketing year 2017/18 (MY 2017/18)....
Peruvian pork consumption is only 5.7 kilograms per capita, one of the lowest in the region, but domestic production and imports are on the rise due to economic growth and rising incomes.
Heavy rains and flooding in northern Peru during early 2017 slowed growth of cane sugar production, but the Peruvian industry is expected to recover in MY2018.
Argentine sugar production for 2017/18 is forecast at 1.9 million tons (raw basis), a decline of six percent over the previous season.