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New labeling requirements for dairy products that may impact U.S. exports to Chile will come into effect on January 9, 2025.
Discrepancies between the information provided on the export certificate and the information on the label of the package in U.S. dairy products is causing recurring detentions at the ports of entry in Chile.
The Chilean dairy sector is crucial to the economy, producing milk, cheese, butter, yogurt, and powdered milk. In marketing year (MY) 2024, milk receipts increased by two percent to 1,293 million liters, and fluid milk production rose by seven percent.
Post forecasts Ghana’s MY2024 chicken meat imports at 270,000 metric tons (MT), unchanged from the preceding year’s estimate.
In marketing year (MY) 2023, milk price is experiencing an increasing trend due to the low milk supply and high demand for dairy. In Chile, most processing plants produce fluid milk and cheese, very few produce yoghurt, whey, condensed milk, or other value-added dairy products.
Chile is the second-largest South American market for U.S. agricultural products. Solid political institutions and a stable macroeconomic environment, combined with high consumer purchasing power, make Chile a lucrative market for U.S. producers of wheat, cheese, pet food, alcoholic beverages, and other consumer-oriented products.
Traditionally, Ghana’s livestock sector mainly comprises cattle (for beef), sheep, goats, pigs (hogs), and poultry enterprises.
In 2021, the Chilean economy grew by 11.7 percent. Government support programs increased disposable income for many consumers, putting upward pressure on consumption of beef, pork, and chicken.
In a signed letter to the Veterinary Medical Officer of USDA’s Food Safety and Inspection Service (FSIS), dated January 12, 2023, the Acting Chief Veterinary Officer of the Ghanaian Veterinary Services Directorate of the Ministry of Food and Agriculture acknowledged receipt of the FSIS’ proposed certificate of export for pork and pork products, and confirmed its acceptance.
The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.
In marketing year (MY) 2022, rainfall during the winter was abundant favoring pasture production in the southern regions of Los Lagos and Los Rios. As a result, Chilean production of milk powders increased significantly in recent months, and are expected to remain high during the remainder of the marketing year.
Estimated at a Retail Sale Price (RSP) value of about $350 million in 2021, Ghana’s dairy market presents bright prospects for suppliers of fat filled milk powder (FFMP) despite the recent growth in demand for non-dairy creamers due to their health and wellness tag.