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Milk production in calendar year (CY) 2021 is estimated at 2.2 MMT, an increase of three percent compared to the previous year.
On February 2021, Peru extended the previous ten-year biotechnology moratorium for another fifteen years. Similar to the previous moratorium, Peru has yet to notify the measure to the World Trade Organization. In general, biotechnology remains misunderstood by the public in Peru.
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.