Friday, March 12, 2021

GAIN Reports from Thursday, March 11, 2021

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The following Global Agricultural Information Network (GAIN) reports were released on Thursday, March 11, 2021.

  

Canada: Livestock and Products Semi-Annual

The Canadian cattle herd will continue to contract in 2021. Cattle exports are forecast to decline while beef exports are expected to grow slightly. Despite processing delays related to COVID-19, and the resulting hog backlogs, the 2021 pig crop is expected to grow and Canadian pork exports are forecast to increase. The United States will remain the top market for both imports and exports of beef and pork.

  

Panama: Exporter Guide

This report provides information to U.S. exporters of agricultural and related products on how to do business in Panama. Panama is an attractive market for exporting U.S. agricultural food products. Its culturally diverse population, geographical location, and love for American food and culture provide for increasing export opportunities for U.S. high value food and beverage products. In 2020, U.S. agricultural and related products exports to Panama reached an estimated $540 million. The ongoing economic impact of COVID-19 on Panama has been significant, including a serious decline in GDP and the delay of several ambitious public infrastructure plans. The downturn also negatively impacted U.S. food and ag exports to Panama. The expected recovery and the expansion of the services sector will benefit from the country's emerging role as a regional hub for trade.

 

For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.

 


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