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In 2023, Peru was the 28th-largest market for U.S. agricultural exports, valued at $851 million, making it the 3rd-largest market in South America. The U.S.-Peru Trade Promotion Agreement (PTPA) entered into force in February 2009, and U.S. agricultural exports reached $1 billion for the first time in 2014, peaking at $1.36 billion in 2018. The United States accounts for 14 percent of Peru's agricultural import market share, positioning it as the second-largest supplier to the country.

Indonesia’s new biofuel roadmap shows the government’s 10-year plan for higher biodiesel blending rates, bioethanol’s inclusion in non-subsidized gasoline, and drop-in biofuels.

Post forecasts that China's ethanol and biodisel production will both increase by 5 percent in 2013 as China strives to reduce its fossil fuel use.

Indonesia is experiencing a mild La Niña event, resulting in increased rainfall and pushing palm oil production back to normal levels.