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- (-) March 2024
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Colombia’s food and beverage industry decreased by two percent in 2023 due to stagnating economic growth.
From March 4-6, 2024, 26 representatives from all ten member states of the Association of Southeast Asian Nations (ASEAN) and Timor-Leste participated in a USDA-funded agricultural biotechnology workshop - along with dozens of private sector stakeholders at the ASEAN Secretariat in Jakarta, Indonesia.
On March 1, the Government of Indonesia’s Halal Product Assurance Agency (BPJPH) listed five U.S. halal certifying bodies (HCBs) on its website as fully accredited to issue halal certificates for U.S. products destined for the Indonesian market.
In market year (MY) 2024/2025, Colombia’s corn production is forecast to decrease to 1.5 million metric tons (MMT) influenced by lower domestic corn prices and dissuading farmers from expanding corn cultivation.
Indonesia palm oil production is forecast to rise marginally to 47 million metric tons (MMT) in 2024/25 on expected recovery from extreme weather in 2023.
In February 2024, U.S. exporters regained market access to the Colombian poultry market, valued at over $100 million annually.