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As a result of lower than expected yields during the first half of the marketing year, the 2014/15 palm oil production forecast is lowered to 20 million tons.
Peru is the largest fishmeal exporter in the world.
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
U.S. corn exports to Peru sky-rocketed in CY 2014 to a record 1.7 MMT valued at $432 million.
The Andean Community of Nation's (CAN) issued Resolution 1762 on February 8, 2015, establishing that Ecuador is not authorized to impose import safeguards for goods originating from Peru and Colombia.
Peru’s calendar year (CY) 2015 pea and lentil imports are forecast at 73,000 metric tons (MT), up 16 percent compared to 2014.