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Assurances of support from bilateral creditors and the IMF, and goodwill from the international community in helping Ghana weather the economic storm has offered a brighter hope of an economic resurgence.

Traditionally, Ghana’s livestock sector mainly comprises cattle (for beef), sheep, goats, pigs (hogs), and poultry enterprises.

In marketing year (MY) 2023/24, Colombia's corn and rice production are forecast to marginally increase driven by higher domestic prices and expected normalized weather conditions. However, high production costs continue to be a challenge for Colombian producers.

On December 19, 2022, the U.S. Food Safety and Inspection Service (FSIS), in consultation with Colombia's National Institute for Surveillance of Food and Medicines (INVIMA), updated the labeling requirements for meat products listed on the FSIS Export Library page for Colombia.

In a signed letter to the Veterinary Medical Officer of USDA’s Food Safety and Inspection Service (FSIS), dated January 12, 2023, the Acting Chief Veterinary Officer of the Ghanaian Veterinary Services Directorate of the Ministry of Food and Agriculture acknowledged receipt of the FSIS’ proposed certificate of export for pork and pork products, and confirmed its acceptance.

This report summarizes the activities and outcomes of the SaborUSA Colombia project (July 2021 – June 2022) focused on promoting U.S. beef and pork in Colombia. SaborUSA is a digital marketing initiative that promotes American food products and brands through its own website and social media platforms. Since launching in 2015, SaborUSA now has more than 100,000 followers.

This report outlines Colombia´s food and beverage market conditions, highlighting middle class expansion, retail modernization, and healthy product preference as the main drivers of demand. Consumer habits and preferences continue to evolve, opening opportunities for healthy and sustainable food products.

On December 13, 2022, Colombia's Ministry of Health and Social Protection (MINHEALTH) issued Resolution 2492 of 2022, an amendment of Resolution 810 of 2021 that establishes new front-of-pack label requirements, nutrition profiles, and additional definitions for sweeteners, ultra-processed food, minimally processed food, food products without processing, and processed food products.

Ghana has experienced a sudden economic downturn, a product of internal miscalculations and external shocks. Once ranked among the fastest growing economies in the world, Ghana has lost the steam that made it a shining example of a well-managed economy in Sub-Saharan Africa, and now finds itself in economic turmoil.

The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.

While Colombia's regulatory environment remains friendly toward the adoption of biotech-derived commodities and other innovative technologies, Congressional anti-biotechnology initiatives continue posing a threat, risking the benefits to consumers and the agricultural sector. In 2021, genetically engineered corn area planted grew 31 percent, reaching record figures, and genetically engineered cotton area planted recovered 55 percent compared to 2020.

Excessive rains and cloudiness in the last two years have suppressed Colombia's coffee production. In marketing year (MY) 2022/23, Post forecasts Colombian production at 12.6 million bags of green bean equivalent (GBE) coffee. Although local prices remain high, weather conditions are expected to continue affecting crop productivity.