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New Zealand’s grain and feed sector is relatively small on a global scale, producing around 2.1 million metric tons (MMT) annually, well below the country’s total demand for feed, leading to the import of approximately 60 percent of its grain and feed needs.
FAS/Managua projects MY 2025/26 sugar production to reach 840,000 metric tons, up ten percent from MY 2024/25, assuming a more balanced rainy season and an increase in sugarcane plantations.
FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.
This report provides an overview of the New Zealand wine market as of the publication date. New Zealand imports wine from all over the world, indicating that consumers in the country are open to exploring various wine regions.
This report was revised to reflect all major export certificates and import permits that the government of Nigeria (GON) requires for exporting agricultural and related products from the United States to Nigeria.
Corn, wheat, rice, and sorghum consumption is expected to increase in marketing year (MY) 2025/26 due to the appreciation of the naira, slowing food price inflation, and macroeconomic stabilization.
Favorable pricing and weather conditions for New Zealand cattle farmers have resulted in a retention of finishing cattle on farms and less slaughter in 2024. Farm operations face challenges with continuing financial pressure such as high debt, increasing on-farm inflation, and declining farmgate margins.
The New Zealand government has introduced the Gene Technology Bill 2024, aiming to establish a modern regulatory framework for gene technology and genetically modified organisms (GMOs).
Record-high remittances continue to boost consumer spending in 2024. U.S. agricultural exports to Nicaragua through September 2024 are up four percent compared to the same period in 2023.
The Hotel, Restaurant, and Institutional (HRI) sector is seeing signs of recovery in New Zealand (NZ). However, aches and pains still exist. Meanwhile, NZ continues to recover from a cost-of-living crisis, which sadly caused restaurants to close their doors.
The New Zealand Government is in the final stages of amending its Climate Change Response Act 2002 to remove agriculture activities from the New Zealand Emissions Trading Scheme.
In January 2024, Nigeria became the second country in Africa to approve the commercial release of four biotech (TELA) maize varieties.