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Export prices are steady due to light trading ahead of an expected government tender announcement in the week of March 2. Sources indicate the upcoming tender is likely to include only white rice.
Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.
The Secretariat of Agriculture and Livestock (SAG) has the National Plant and Animal Health Service (SENASA) as the main regulatory agency responsible for the inspection of all agricultural products.
The Costa Rican Ministry of Agriculture (MAG) plans to gradually increase the number of pesticides tested for at their laboratory.
2015/16 Paraguayan soybean area is forecast at 3.6 million hectares, a nine percent increase in soybean area compared with 2014/15 estimates, based on expanded area for second crop soybeans.
Ecuador’s cocoa bean production is estimated to reach 255,000 metric tons (MT) in calendar year (CY) 2015 (up over six percent compared to 2014) and forecast to reach 300,000 MT in 2016.
On February 7, 2015, Ecuador’s President Rafael Correa announced during his weekly televised address that his government will provide export incentives to Ecuadorian agricultural product exporters.
Export prices declined only around 1 percent due to lower-than-expected sales of government stocks. A new government tender for 1 million metric tons is expected by February 27.
Despite Peru’s slower economic growth forecast for 2015, the country still offers excellent opportunities for exporters of U.S. food and agricultural products.
During November 2014, FAS Lima facilitated for a major Peruvian lumber importer the release of ten container loads of U.S.-origin southern yellow pine.
Export prices are steady while traders wait for the result of the one million metric ton rice tender.
The Peruvian Agricultural Innovation Institute has confirmed finding adventitious presence of genetically-modified (GM) corn in one corn field in northern Peru.