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- (-) March 2016
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On March 23, 2016, legislation was signed into law to increase Brazil’s biodiesel-use mandate from the current 7 percent, to 10 percent by 2019.
Post/New marketing year (MY) 2016/17 total Mexican cotton production is forecast to decrease approximately 4 percent due to an expected decrease in planted area.
Colombian grain production could be impacted in 2016 as the period of drought from the El Niño weather phenomena transitions to rainier conditions of La Niña.
Export prices increased 1 to 2 percent with exporters fulfilling outstanding shipments under the Government-to-Government agreement with China.
The Canadian Food Inspection Agency (CFIA) announced its new policy toward private certification in the context of food safety.
Canada announced its new policy on incorporation by reference, a drafting technique that brings the content of the incorporated document into a regulation, without the need to reproduce the document..
Forecast MY2016/17 rice and corn production is expected to provide for larger exportable supplies in 2017.
Export prices increased around 1 percent due to tighter domestic rice supplies and the strengthening Thai Baht.
The marketing year (MY) 2016/17 corn production is forecast at 22.6 MMT with harvested area estimated at 6.95 million hectares.
Graphic illustrating the growth of U.S. agricultural and related product exports to Chile between 2000 - 2015.
Graphic illustrating the growth of U.S. agricultural and related product exports to Peru between 2000-2015.
Export prices increased slightly due to the strengthening Thai Baht. Traders are awaiting the details of the new Government stocks tender during the week of March 14.