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High global commodity prices are expected to slow the growth of 2021/22 Indonesian wheat imports and lower the use of wheat in feed formulation.

Chile is an open economy with a developed and competitive food industry. Just over half of Chilean food production lands in the domestic market, while 46 percent is exported. Food manufacturers leverage the country’s multiple trade agreements to export Chilean-manufactured processed products to the world.

Indonesia palm oil production is expected to reach 46 million metric tons (MMT) in 2022/23 on favorable weather and higher producer profit margins. Palm oil exports for 2021/22 are revised down from the previous update due to the Government of Indonesia’s domestic market obligation (DMO) requirement, which increased to 30 percent from 20 percent.

On February 22, 2022, the Chilean Ministry of Agriculture's Livestock and Agricultural Service modified the testing requirement for U.S. beer shipments to Chile. Beer from the United States will no longer need to be tested upon arrival to Chile.