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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.
Sugar cane production is forecast to increase by 17 percent in MY 2019.
Peru’s food processing industry is a dynamic sector of the national economy.