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Cane sugar production for MY (May/April) 2015 is forecast at 1.24 MMT, up from 1.22 MMT in MY2014.
The U.S.-Peru Trade Promotion Agreement (PTPA) has led to record food and agricultural product exports for both countries.
On March 14, 2015, Peru’s Ministry of the Environment announced a fine structure for any company in non-compliance with the 10 year moratorium on genetically modified organisms.
Shrimp exports from Peru are estimated at 18, 000 MT in CY 2015, a six-fold increase from 2003 due to strong export demand.