Browse Data and Analysis

Post increased its estimate of raw milk production in 2024 due to a larger dairy cow inventory. Imports of fluid milk, whole milk powder (WMP), and skimmed milk powder (SMP) are estimated to all decline in 2024 due to higher domestic milk production.

Peru's coffee production and exports look to continue their recent growth trends and are expected to increase seven and six percent, respectively, in marketing year (MY) 2024/25. Production is forecast to reach 4.22 million 60-kilogram bags in MY 2024/2025, while exports are forecast at 4.07 million bags.

Honduras coffee production is expected to reach 5.5 million 60-kilogram bags in marketing year 2023/24, a twenty-four percent decrease from the previous year.

Mexico’s milk, cheese, and butter production are forecast year on year growth of two percent in 2024. Dairy farmers are expected to mitigate the impacts of prolonged drought and heat conditions with previously stored forage, increased feed grain imports, and water storage mechanisms.

The Consumer Affairs Agency (CAA) of Japan proposed revisions to Japan’s maximum residue levels for seven agricultural chemicals (Benthiavalicarb-isopropyl, Hexaconazole, Isopyrazam, Metaflumizone, Broflanilide, Teflubenzuron, and Phenoxyethanol) for various agricultural commodities.

FAS/Managua anticipates coffee production in marketing year 2024/25 to rebound to 2.6 million 60-kilogram bags, as a return to average precipitation levels should support historical average yields.

In MY 2024/2025, Colombian coffee production is anticipated to reach 12.4 million bags of green bean equivalent (GBE). However, the pace of production recovery is hindered by El Niño, which has led to increased rates of borer infestation and affected some crops.

New Zealand fluid milk production is forecasted to be 21.2 million metric tons (MMT) in the 2024 market year (MY). This is a decrease on the previous 5-year average of ~21.6 MMT, reflecting the decreasing herd numbers and the short-term effects of the following: El Niño weather pattern, softening revenue, high cost of debt servicing, and challenging feed and fertilizer prices.

Rice export prices further increased 2-3 percent mainly due the strengthening of the Thai baht.

On April 4, 2024, the Food Safety and Standards Authority of India (FSSAI) published on its website, Order F. No. TIC-B02/2/2022-IMPORTS-FSSAI. The FSSAI order extends the effective implementation date for the mandatory registration of foreign food manufacturing facilities (FFMF) for the import of certain categories of foods such as milk and milk products; meat and meat products including poultry, fish, and their products; egg powder; infant food; and nutraceuticals to India.

Indonesia’s 2024/25 coffee production is expected to recover to 10.9 million (60-kilogram) bags on favorable weather despite a delayed harvest in Southern Sumatera.

Mexico’s coffee production for marketing year 2024/25 is forecast at 3.89 million 60-kilogram bags. This represents a slight increase from previous years, driven by incentives to plant due to favorable coffee prices and ongoing efforts to improve coffee varieties.