Browse Data and Analysis

FAS/Managua projects marketing year 2024/25 peanut production to rebound to a record high of 230,000 metric tons on sustained high area planted and improved growing conditions following a damaging El Niño cycle in 2023/24.

FAS/Managua projects marketing year 2023/24 Nicaraguan peanut production to return to historic high levels, near 200,000 metric tons on an in-shell basis, as deteriorating political conditions and rising economic instability improve the risk-reward calculations of peanuts relative to longer-term investments in sugar or cattle.

FAS/Managua expects 2022 peanut and oil production to remain flat from the previous year, with the vast majority of peanuts and virtually all peanut oil exported overseas.

For Marketing Year (MY) 2020/2021, Nicaragua's peanut production reached over 194,000 metric tons (mt), which is a 21 percent increase compared to the previous cycle

Nicaragua peanut production fell 11 percent in marketing year (MY) 2019/2020 dropping to 158,000 metric tons (MT).

Hemp cultivation in Italy is legal since January 2017 when the Italian law No. 242/2016 promoting hemp cultivation and its industrial uses entered into force, leading to a sector revival....

Peanut production fell 14 percent in marketing year (MY) 2018/2019.

In MY 2017/2018, palm oil production increased 23 percent due to new-planted areas starting to bear fruit.

Total EU oilseeds area and production in MY 2018/19 is forecast slightly upward due to increasing acreage of all three major oilseeds (rapeseed, soybean and sunflower).

Italy is the second largest olive oil producer in the European Union (EU) after Spain and accounts for approximately one-quarter of the EU-28 olive acreage.

Italy is suffering from a severe summer drought caused by low rainfall (80 percent below average in the first half of 2017) and exceptionally high temperatures for most of the year.

The major source of oil in Nicaragua is African Palm. Palm plantations have more than doubled since 2011.