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Post estimates a decline in production and export of table grapes, apples, and pears due to moderate temperatures and unexpected rainfall during the summer, which ultimately decreased yields.
Chile has consolidated its reputation as one of the main players in the global food industry. According to Chilealimentos A.G. (Chile’s Food Processors Association) food sales in Chile reached $44.4 billion in 2020, which represents a 7.8 percent decrease of sales compared to 2019, and Chilean domestic food sales reached $27 billion in 2020.
For marketing year (MY) 2021/22, Post forecasts 230,000 hectares (ha) of wheat planted area totaling 1.4 million metric tons (MMT) of wheat production, which represents a 2.56 percent increase over MY2020/21 due to high price expectations.