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Fishmeal production in marketing year (MY) 2017/2018 (January-December 2018) is forecast at 705,000 metric tons (MT), three percent lower than the estimated production in the previous year.
Peru is one of the top markets for pulses in Latin America. A staple of the Peruvian diet, consumption is steady and driven by tradition, affordability, and the view that it is a healthy protein....
Excessive rains caused by a coastal El Niño are causing flooding and landslides throughout Peru.
Cane sugar production for MY (May/April) 2015 is forecast at 1.24 MMT, up from 1.22 MMT in MY2014.
The U.S.-Peru Trade Promotion Agreement (PTPA) has led to record food and agricultural product exports for both countries.
On March 14, 2015, Peru’s Ministry of the Environment announced a fine structure for any company in non-compliance with the 10 year moratorium on genetically modified organisms.
Shrimp exports from Peru are estimated at 18, 000 MT in CY 2015, a six-fold increase from 2003 due to strong export demand.