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The Chilean food processing industry represents 25 percent of the country’s economy with annual sales of $34 billion.
Post estimates Chilean wheat production in MY2018/19 to reach 1.51 MMT (million metric tons) considering a 3 percent increase in harvested area due to producers’ expectations of high prices.
Weather conditions such as low spring temperatures, high summer temperatures and rain affected grape production during MY 2015/16.
Post recruited five Chilean organic & natural products importers to the Natural Product Expo East (NPEE) Show 2015 in Baltimore, Maryland to develop trade opportunities.
Total wheat production increased 8% in MY2015/2016 reaching 1.6MMT. Production is expected to decrease on MY2016/17 as prices for domestic producers declined in MY2015/16.