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In marketing year (MY) 2023/24, Colombia’s sugar production is forecast to increase 2.2 percent to 2.35 million metric tons (MT), due to the end of "La Niña" weather phenomena and the beginning of "El Niño" weather phenomena.
This report summarizes the activities and outcomes of FAS Bogota's SaborUSA digital marketing initiative (July 2021 – June 2022) and its focus on promoting U.S. popcorn in Colombia.
The March 2023 Essential Food Price Monitoring Report published by South Africa’s Competition Commission provided a deep dive into the poultry value chain.
South Africa has experienced an upsurge in oilseed plantings over the past 20 years with a near nine-fold expansion in soybean area. Post foresees that the positive trend in soybean plantings will continue in marketing year 2023/24 with area and oilseed production reaching historically high level of 1.8 million hectares and 3.6 million metric tons, respectively.
On March 15, 2023, the Colombian Ministry of Trade, Industry and Tourism (MINCIT) ignored its own Essential Facts report and issued a final ruling in its countervailing duty (CVD) expiry review investigation of U.S. ethanol, extending the original investigation's $0.066/kg ($0.20 per gallon) duty on imported U.S. ethanol for the next five years.
This report outlines the conditions facing Colombia´s food and beverage industry, highlighting its 7 percent growth.
South Africa is on course to produce a fourth consecutive bumper corn crop in MY 2022/23, which creates a bearish outlook on local corn prices and will limit growth in the area to be planted with corn in MY2023/24.
This report provides more information on the South African food processing sector, including strategies for U.S. exporters interested in entering the market.