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Post forecasts marketing year 2023/24 production at 1.1 million 480-bales, a 30 percent decline compared to the previous year due to higher input costs and lack of access to new genetically engineered seed varieties.
For marketing year (MY) 2022/23, Post revises fresh lemon production estimates to 1.65 million metric tons (MMT), down 6.5 percent from the official USDA estimate due to continued adverse weather and poor economic conditions, especially for smaller producers.
Bioethanol consumption in 2023 is forecast at 1.17 billion liters, the highest on record, because of strong gasoline demand and a high blend rate.
U.S. rough rice exports have plummeted and the decline of Costa Rican rice production has accelerated sharply following the Government of Costa Rica’s August 2022 tariff rate reduction on imported rice from all origins.
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Labeling and Advertising) Regulations (2022).
Chilean cherry area planted reached 61,599 hectares (ha) in marketing year (MY) 2022/23. Post projects that MY 2023/24 cherry production will reach 500,000 metric tons (MT), which represents a 6.6 percent increase over MY 2022/23.
The Democratic Socialist Republic of Sri Lanka (Sri Lanka) recently introduced the Food (Trans-Fat) Regulations (2022), that bans and limits the use of high trans-fats foods effective January 1, 2024.
The Canadian hemp sector continues to be driven by the food and nutrition markets, despite the 2018 regulatory changes that legalized recreational cannabis, and opened the potential for new markets for hemp-extracted cannabinoids.
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently amended the Food (Control of Import, Labeling, and Sale of Genetically Modified Foods) Regulations (2006).
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health recently introduced the Food (Refined Wheat Flour Fortification) Regulations (2022).
Canada’s Clean Fuel Regulation (CFR) became law on July 6, 2022. It aims to reduce the carbon intensity of liquid transportation fuels and has the potential to increase the use of low carbon-intensity diesel by an additional 2.2 billion liters and the use of ethanol by an additional 700 million liters by 2030 under the CFR, according to the federal government.
On July 28, 2023, the Government of Mexico (GOM) notified a revised NOM-187 to the World Trade Organization and opened a 60-day comment period. NOM-187 establishes the sanitary and commercial requirements for products made from nixtamalized corn and for the establishments that produce these products.