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Increasing corn and soybean meal prices are affecting livestock producers’ bottom line. Poultry and dairy producers are the most affected.
Fishmeal production in MY 2021/2022 is forecast at 900,000 MT. Fishmeal exports in MY 2021/2022 are estimated at 894,000 MT, remaining at the same levels as the previous year.
On March 29, 2017, Peru suspended imports of poultry products from the States of Tennessee and Wisconsin.
The U.S. - Peru Trade Promotion Agreement (PTPA) has served to generate a continuing symbiotic trade relationship between the United States and Peru that shows no signs of diminishing.
Poultry production growing at five percent a year continues to drive demand for imported U.S. corn, making Peru our fifth largest overseas market.
Heavy rains, landslides and flooding continue in Peru.