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- (-) February 2023
- (-) Western Hemisphere
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Thailand has witnessed tremendous e-commence growth over the past three years. Online grocery services have become one of the fastest-growing e-commerce categories in the country.
The Dominican Republic-Central America Free Trade Agreement (CAFTA-DR)[1] region and Panama combine to represent the seventh-largest market for U.S consumer-oriented products, totaling $3.7 billion in 2022.
Rice export prices declined 2-5 percent due mainly to the weakening of the Thai baht.
Canada announced that the domestic use of lambda-cyhalothrin on any crops or commodities for feed will be canceled in April 2023. Additional crops will also see uses canceled due to concerns on risks to human health.
Brazil`s economy is still recovering from the negative impacts of the pandemic on its GDP growth, employment, and most sectors of the economy. For 2023, the Brazilian Central Bank (BCB) forecasts GDP to grow 0.76 percent and 1.5 percent in 2024.
Canada grows both wild (low bush) and cultivated (high bush) blueberries and blueberries are Canada's top fruit commodity by growing area and farm gate value.
U.S. agricultural exports to the Dominican Republic reached an all-time record of $2.2 billion in 2022; a 14 percent increase from the previous record set last year. The increase in U.S. exports was driven mainly by increased demand for consumer-oriented products.
In 2023, Mexico’s beef production is forecast to slightly increase, but faces slower consumption growth on a year-to-year basis as food inflation soars. As herd numbers increase, overall cattle slaughter is expected to rise. Carcass weights are expected to marginally decrease in 2023 and are offset by larger slaughter numbers of slightly younger animals.
Mexico’s chicken meat production is forecast to increase by three percent in 2023. Although chicken meat is one of the most impacted proteins during Mexico’s inflation crisis, consumption per capita continues to increase, albeit at a slower pace on a year-to-year basis.
Rice export prices declined 2-5 percent as new supplies of MY2022/23 off-season rice entered the market.
In 2021, the Chilean economy grew by 11.7 percent. Government support programs increased disposable income for many consumers, putting upward pressure on consumption of beef, pork, and chicken.
The Canadian Food Inspection Agency (CFIA) has opened two consultations related to livestock feeds. The first consultation seeks feedback on proposed changes to the Tables of Permissible Claims for Feed Labels.