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For marketing year (MY) 2022/23, Post revises fresh lemon production estimates to 1.65 million metric tons (MMT), down 6.5 percent from the official USDA estimate due to continued adverse weather and poor economic conditions, especially for smaller producers.
Bioethanol consumption in 2023 is forecast at 1.17 billion liters, the highest on record, because of strong gasoline demand and a high blend rate.
Post estimates wheat production for 2015/16 at 10.8 million metric tons (MMT), 300,000 tons higher than USDA.
2015/2016 soybean production is revised up to 58.5 million tons on good crop conditions resulting in higher yields.
The GOA Ministry of Production revoked the requirement for pre-approval of labels for food and beverages by the Secretariat of Commerce.