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Uruguay’s corn production is forecast to reach a record 1.8 million tons, as favorable margins and low pest impact encourage a return to planting. Wheat exports are projected down to 750,000 tons due to reduced area and competition from more...
Sugar production in the Dominican Republic (DR) is forecast to reach 600,000 metric tons (MT) due to favorable rainfall conditions through the first half of marketing year (MY) 2025/2026 (October - September).
Uruguayan soybean production in marketing year (MY) 2025/26 is forecast at 3.1 million metric tons (MMT), slightly below the previous year’s record harvest due to a modest reduction in planted area as farmers shift some acreage back to corn.
Wheat consumption in the Dominican Republic (DR) during marketing year (MY) 2025/26 (July 2025/June 2026) is forecast to increase by two percent, reaching 520,000 metric tons (MT).
The Dominican Republic’s food processing industry totaled $2.90 billion for calendar year (CY) 2024, in activities categorized as “food industry.” Beverages and other food products accounted for an additional $1.02 billion during the same period.
The United States is a major trading partner with the Dominican Republic (DR). The DR is the largest economy in the Caribbean and the seventh-largest economy in Latin America. Since the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) went into effect for the DR in 2007, U.S. agricultural exports to the DR have increased from $1 billion in 2007 to $2 billion in 2024.
On February 5, 2025, the Dominican Republic amended its Fiscal Control and Traceability System for Alcoholic Beverages and Cigars (TRAFICO), marking a significant victory for the U.S. alcoholic beverage industry.
U.S. agricultural exports to the Dominican Republic reached an all-time record of $2.2 billion in 2024; a 6 percent increase from the previous record set in 2022. The increase was driven mainly by strong demand for consumer-oriented products.
On December 17, 2024, the Dominican Republic issued Decree 693-24, to limit rice imports into the country. The Decree establishes a quota of 23,300 metric tons (MT) for U.S. rice, subject to a 0 percent ad valorem tariff.