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- (-) January 2023
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The COVID-19 pandemic boosted organic food sales in the EU, enabling it to overtake the U.S. market in 2021. However, spiraling inflation combined with high food and energy prices will likely reduce organic food sales in most EU markets in 2022.
In the marketing year 2022/23, wheat production increased more than 50 percent from the previous year to 33.8 million metric tons on increased area planted and higher yields due to improved soil moisture.
On December 6, 2022, the Council of the European Union and European Parliament concluded negotiations on the EU’s Deforestation-Free Supply Chain Regulation.
Ukrainian poultry products were approved for export to the Canadian market as Ukrainian and Canadian regulators signed a bilateral veterinary certificate for poultry and processed poultry products in November 2022.
Canadian wood pellet production is forecast to remain stable for 2022 at 3.5 million metric tons. Canada's wood pellet exports are forecast to grow five percent on increased demand from Europe and Asia.
Canada, which imported more than $18.2 billion of U.S. high-value, consumer-oriented goods in 2021, continues to be a top market for U.S. exporters.
As an economic sector, agriculture contributes to just over 10 percent to Canada’s overall greenhouse gas emissions. Canada’s vision for agriculture to fight climate change is based on creating opportunities to improve carbon sequestration in agricultural lands, to stimulate the adoption of clean technologies on farms, and to support farmers in adopting greener on-farm practices to reduce GHG emissions.
The volume of U.S. fresh, dried, and processed fruit exports between 2012/13 and 2021/22 dropped 29 percent to 2.9 million metric tons[1]. However, a 25-percent gain in unit value during this period softened the decrease in value to just 11 percent lower as trade dropped $700 million to $6.0 billion.