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MY2022/23 corn production is forecast to decrease by approximately 16 percent to 5.9 million metric tons (MMT) due to drought conditions, fall armyworm infestations, and high fertilizer prices.
In 2021, Portugal imported $244 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.