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- (-) October 2024
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In marketing year (MY) 2024/2025, Colombia’s corn production is projected to remain at 1.5 million metric tons (MMT), 6 percent lower year-on-year
Porcine semen is now eligible to be exported to South Africa from the United States.
Colombia is the tenth largest producer of cacao globally. In 2023, Colombia produced 59,831 metric tons (MT) of cacao, with a planted area of 190,800 hectares.
The five biggest corporations, Shoprite Holdings Ltd., Pick n Pay Retailers Pty Ltd., Spar Group Ltd., Walmart-owned Massmart, and Woolworths Holdings Ltd., account for a substantial portion of the retail food market in South Africa. When combined, they make up over 60% of all retail food sales.
Soybeans from the United States are once again eligible to enter South Africa. After a mid-summer drought that caused a 35 percent drop in production, South Africa needs to import soybeans to supplement domestic production and maintain crushing demand.
Hot and dry conditions in the autumn and winter of 2024 led to a drop in the production of South African sugar cane. This is expected to translate into a slight decrease in sugar production and exports.
Colombia is the top destination for U.S. agricultural products in South America. In 2023, U.S. exports of consumer-oriented agricultural products totaled $759 million, a decrease from 2022 due to the slowdown in economic growth in Colombia and a seven-month (now resolved) ban on U.S. poultry exports.