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In June 2022, Canada published final regulations on front-of-package nutrition labeling (FOPNL). The new regulatory requirements are complex, and the food industry has until January 1, 2026 to implement label changes and become compliant. Stakeholders are strongly encouraged to consult the variety of resources and information made available by Health Canada to assist with FOPNL implementation.

Food availability in Venezuela has improved since reaching an all-time low in 2019 as the result of informal dollarization of the economy, lower inflation, increased private sector activity, and a growth in domestic production and imports.

Further contraction in the Canadian herd is forecast in 2023 driven by lingering impacts from the 2021 drought. A smaller cow herd will result in a reduced calf crop and lower beef production compared to 2022.

Total meat consumption in Venezuela has declined 68.9 percent since 2013 as a result of the economic collapse. However, a better economic environment since 2019 has led to a stabilization of beef production and significant growth in chicken production. In 2022, beef production is forecast to grow 5 percent from 2021 to 287,803 MT.

FAS/Canada projects moderate growth in chicken meat production in 2023, following a challenging year in 2022 due to tight supplies of hatching eggs and day-old chicks, and increased avian influenza occurrence.