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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.
Posts projects Paraguay’s wheat production for marketing year (MY) 2023/2024 to increase to 1.25 million metric tons (MMT), with exports rising to 410,000 MT.
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.
Post projects marketing year (MY) 2023/2024 soybean production at 10 million metric tons (MMT) as planted area rises to 3.55 million hectares and Paraguay returns to trend for yield. MY 2023/2024 exports are projected at 6.4 MMT.
This report outlines the conditions facing Colombia´s food and beverage industry, highlighting its 7 percent growth.