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In MY 2021/22, Colombian corn, rice, and wheat demand are forecast to recover as Colombia returns to pre-pandemic economic growth levels.
The Hotel Restaurant Institutional (HRI) sector in Colombia is still rebuilding from the mandatory 6-month lockdown that caused serious economic damage across the sector.
Hotel, restaurant, and institutional (HRI) foodservice industry sales in the Netherlands in 2020 were valued at nearly $9.9 billion, down by more than one-third when compared to 2019, because of the closure of many outlets for a prolonged period due to the coronavirus pandemic.
On September 9, the Colombian government released a new resolution to decrease its ethanol blend level to four percent (E4), effective September 11. Incremental increases are scheduled in the following 90 days, culminating with E10 by January 2022.