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- (-) May 2023
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Post revised its Vietnam marketing year 2022/2023 (MY 2022/23) coffee production estimate down to 29.750 million bags, green bean equivalent (GBE), based on lower yields, high production costs, and a drop in cultivation area.
The production of apples, pears and table grapes is estimated to decrease slightly in the 2022/23 Marketing Year (MY), based largely on stagnated production area and a return to normal yields following record production for all three commodities.
South Africa’s food inflation rate surged to a 14-year high in March 2023, a departure from global easing of food prices.
The South African Agricultural Economic Fact Sheet has been updated to include calendar year 2022.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
Post forecasts South Africa’s sugar cane crop will increase by 3 percent to 18.5 million metric tons (MT) in market year (MY) 2023/24 assuming a return to normal weather conditions, an improvement in yields, and industry efforts to increase production, especially for small-scale farmers.