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As a result of lower than expected yields during the first half of the marketing year, the 2014/15 palm oil production forecast is lowered to 20 million tons.
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
Ecuador’s COMEX Resolution 011-2015 (March 6, 2015) will have a significant impact on U.S. consumer-oriented export products such as beef, pork, confectionary, and fresh fruits.
Ecuador’s wheat production in marketing year (MY) 2015/16 (July-June) is forecast to reach 5,000 metric tons (MT), down about 1,000 MT from the MY 2014/15 estimate.
The Andean Community of Nation's (CAN) issued Resolution 1762 on February 8, 2015, establishing that Ecuador is not authorized to impose import safeguards for goods originating from Peru and Colombia.