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On December 3, 2024, the Ministry of Public Health and Social Assistance (MISPAS) of the Dominican Republic published a draft regulation for a Front of Pack Nutritional Warning Labeling (EFAN) for prepackaged foods. Modeled after similar systems in...
On October 23, 2024, the Colombian Agricultural Institute (ICA) issued a resolution establishing a 3 percent threshold allowance for unapproved genetically engineered (GE) seed events, and a 5 percent threshold for animal feed. These thresholds will...
New labeling requirements for dairy products that may impact U.S. exports to Chile will come into effect on January 9, 2025.
Between December 14, 2024, and February 15, 2025, certain goods imported into Canada, including certain foods and beverages, will benefit from a temporary relief on applicable sales taxes.
Peru is a key market for U.S. affordable animal proteins in Latin America, specifically chicken-leg-quarters (CLQs) and variety meats, such as liver, heart, tongue, lungs, and stomach, with combined export values exceeding $50 million in 2023.
By the end of 2023, El Salvador's hotel and restaurant sectors showed strong growth, reflecting the full recovery of its tourism industry. According to the latest Euromonitor data, Salvadorans spent $2.6 billion in the hotels and catering sector in 2023.
In 2023, the United States held a 29.1 percent share of the consumer-oriented food and beverage market in Honduras, a slight decrease of 1.3 percent from 2022.
Fossil fuel CI reduction requirements came into effect on July 1, 2023, but an early carbon credit creation mechanism operating June 2022 to June 2023 incentivized growth in ethanol use and blending in 2022 under Canada's CFR.
Peruvian total ethanol production in 2024 is forecast at 210 million liters, a slight decrease compared to the previous year. Total ethanol consumption for 2024 is forecast at 290 million liters, remaining at the same levels compared to the previous year.
Post forecasts production for marketing year (MY) 2024/25 at 0.89 million 480-lb bales, a similar level as in MY 2023/24. The planting area is expected to decrease due to farmers switching to more profitable crops, drought conditions, and limited access to water from dams.
In 2024, Brazil surpassed the United States in cotton production and exports for the first time on record. Brazil's MY2024/25 planted area is also estimated to reach a new record. Favorable prices compared to corn as well as lower production costs have boosted cotton's profitability, making it the preferred choice for second crop planting.
In marketing year (MY) 2024/25, due to favorable climatic conditions, avocado production is expected to total 200,000 metric tons (MT), representing a 33.3 percent increase from MY 2023/24. The area planted will total 33,010 hectares, reflecting a one percent growth from MY 2023/24.