USDA Extends Application Deadline for Nov. Trade Mission to Mexico

USDA extends application deadline for Nov 6-8 trade mission to Mexico.

It is expected to get chance a great opportunity to make new contacts and grow business. The new application deadline is Friday, August 23, 2019.

Mexico has long been a top market for U.S. farm and food products – and the new U.S.-Mexico-Canada Agreement promises to unlock even greater opportunities for American exporters.

U. S. companis can come along and explore those opportunities when the U.S. Department of Agriculture leads a trade mission to Mexico City November 6-8, 2019.

At one time, Mexico was primarily a bulk commodity market, but its growing economy and population are driving demand for high-value, consumer-oriented foods, which now are now the largest category of U.S. agricultural exports to Mexico. 

Currently, United States’ southern neighbor is the #1 export market for U.S. corn, dairy, poultry and eggs, sugar and sweeteners, distillers dried grains, and rice.  It also ranks among the top destinations for an assortment of processed foods and beverages, as well as other key products including soybeans, beef, pork, wheat, and fresh fruits and vegetables. 

USDA recommends to do not miss this chance to grow the U.S. company export business by connecting with potential customers and learning the ins and outs of doing business with Mexico. 

For more information see the application form below.

File

Application Form

*Source :USDA

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Under Secretary McKinney to Lead U.S. Exporters on Trade Mission to Colombia

Colombia and Panama are among the fastest-growing markets in the Western Hemisphere for U.S. farm and food products. American exporters seeking to tap that potential will join Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney in Bogotá for the U.S. Department of Agriculture’s largest-ever international trade mission June 4-7.

“The record size of this trade mission delegation demonstrates the degree of U.S. exporter interest in these markets,” McKinney said. “I’m thrilled that representatives from 54 agribusiness and associations and six state departments of agriculture are on board and ready to connect with potential customers from both Colombia and Panama.”

The United States entered into free trade agreements with both countries in 2012 and, since then, agricultural export growth has been robust.

“Our food and farm exports to Colombia have nearly tripled, from $1.1 billion in 2012 to a record $2.9 billion in 2018. And while Panama’s a much smaller market, we’ve also seen our exports grow significantly, from $490 million in 2012 to $683 million last year,” McKinney said.

In addition to representatives from the following companies and organizations, McKinney will be joined by Minnesota Commissioner of Agriculture Thom Petersen, Virginia Secretary of Agriculture and Forestry Bettina Ring, and officials from the Georgia, Idaho, Missouri and Montana departments of agriculture.

Under Secretary McKinney will hold a teleconference from Bogotá with U.S. media on Wednesday, June 5 at 3:30 p.m., EDT. 

1. Agropur US, Appleton, Wis.
2. Alaska Seafood Marketing Institute, Juneau, Alaska
3. Alltech, Nicholasville, Ky.
4. American Paint Horse Association, Fort Worth, Texas
5. American Peanut Council, Alexandria, Va.
6. Blue Diamond Growers, Sacramento, Calif.
7. Bridgepathway LLC, Jericho, N.Y.
8. Clarkson Grain Company, Inc., Cerro Gordo, Ill.
9. Columbus Vegetable Oils, Des Plaines, Ill.
10. Cornerstone Chaldees LLC, Marion, Ky.
11. Crider Foods, Stillmore, Ga.
12. Crown Products, Inc. Metairie, La.
13. Eastern Quality Foods, Ponte Vedra Beach, Fla.
14. F3 Vineyards Inc., Las Vegas, Nev.
15. Federated Group, Arlington Heights, Ill.
16. Fieldstone Meats of Alabama, Inc., Oneonta, Ala.
17. Food Export Association of the Midwest USA, Chicago, Ill.
18. Global Export Marketing Co. Ltd., New York, N.Y.
19. JJ Martin Group LLC, Newark, N.J.
20. JM Grain, Garrison, N.D.
21. K&N’s Foods USA LLC, Fulton, N.Y.
22. Leprino Foods, Denver, Colo.
23. Metafoods, LLC, Atlanta, Ga.
24. Mid Valley Nut Company, Hughson, Calif.
25. Minnesota Beef Council, Maple Plain, Minn.
26. Minnesota Corn Growers Association, Shakopee, Minn.
27. Minnesota Farm Bureau, Eagan, Minn.
28. Minnesota Farmers Union, St. Paul, Minn.
29. Minnesota Pork Producers Association, Mankato, Minn.
30. Minnesota Pork Board, Mankato, Minn.
31. Minnesota Soybean Research and Promotion Council, Mankato, Minn. 
32. Minnesota Soybean Growers Association, Mankato, Minn.
33. Minnesota Turkey Research and Promotion Council, Buffalo, Minn.
34. Mountain States Oilseeds LLC, American Falls, Idaho
35. National Cotton Council of America, Cordova, Tenn.
36. Riviana Foods Inc., Houston, Texas
37. Rosina Food Products, Inc., Buffalo, N.Y.
38. Sagamore Spirit, Baltimore, Md.
39. Salsa God, LLC, New York, N.Y.
40. Select Foods, Delray Beach, Fla.
41. Shining Ocean, Inc., Sumner, Wash. 
42. TAMA Corporation, Doral, Fla.
43. Tomex Foods, Inc., Lombard, Ill. 
44. University of Minnesota Extension, St. Paul, Minn.
45. U.S. Dairy Export Council, Arlington, Va.
46. U.S. Grains Council, Washington, D.C.
47. U.S. Livestock Genetics Export, Inc., Mount Horeb, Wis.
48. U.S. Soybean Export Council, Chesterfield, Mo.
49. U.S. Wheat Associates, Arlington, Va.
50. USA Rice Federation, Arlington, Va.
51. Virginia Natural Beef Inc., Lexington, Va.
52. Whistling Andy Distilling, Bigfork, Mont.
53. Western United States Agricultural Trade Association, Vancouver, Wash.
54. Zafi Beverages & Technologies, Bensenville, Ill.

© The Expo Review

Nicaraguan Coffee Production Predicted to Fall 15 Percent

The Nicaraguan coffee sector is in the middle of the worst crisis of the last decade. “With coffee prices plummeting to $89 per 45 kilogram (kg) bag in May 2019 and farmers not having access to credit, coffee exporters predict that coffee production could fall at least 15 percent in MY 2019/2020”, USDA Foreign Agricultural Service released the report on Friday, May 31, 2019.

Others estimate that coffee production could plummet more than 20 percent. In addition to the challenges of low international coffee prices, Nicaragua has been immersed in a social-political crisis since April 2018.

This has resulted in large-scale capital flight, forcing banks to curtail credit across all economic sectors. Coffee farmers do not foresee a short term solution to the crisis and expect that production numbers will continue on a downward trend beyond the 2019/2020 coffee harvest.

The 2018/2019 coffee harvest was good. Total coffee production in 2018/2019 reached over 3.1 million 45 kg bags or 2.3 million 60 kg bags, a slight decrease compared to the previous year.

Excellent climate conditions with rain well distributed throughout the year, and a homogenous ripening of the coffee beans contributed to a good harvest. Other positive factors included some farmers still having access to finance and recent renovations of 20,000 hectares of coffee plantations.

Coffee farmers anticipate at least a 15 percent drop in coffee production in MY 2019/2020. This is due to the poor management of the coffee plantations since 2018, a lack of access to finance, low international coffee prices, and the ongoing Nicaragua’s social-political crisis.

The 2018/2019 coffee harvest was a good one. Total coffee production in 2018/2019 reached over 3.1 million 45 kg bags or 2.3 million 60 Kg bags, a slight decrease compared to the previous year.

Excellent climate conditions with rain well distributed throughout the year, and a homogenous ripening of the coffee beans contributed to a good harvest. Other positive factors included some farmers still having access to finance and recent renovations of 20,000 hectares of coffee plantations.

Coffee is mainly produced in the North Central Region of Nicaragua with a range of altitudes from 365 to 1500 meters above sea level.

According to the most recent agricultural census, there are approximately 140,000 hectares planted with coffee, out of which 90 percent are being harvested. Common varieties include Caturra (72 percent) and Borbons, Paca, Catuai, Catimore, Maragogype and Pacamara (28 percent).

More than 97 percent of coffee producers are small with average farm size of less than 14 hectares. In the last five years, farmers have renovated more than 20,000 hectares of coffee. In 2013, Nicaragua allowed the cultivation of Robusta coffee in non-traditional coffee regions, including the Atlantic Coast of Nicaragua.

There are about 2,100 hectares planted with Robusta coffee in the South Autonomous Caribbean Coast (RACS). Robusta production is approximately 30,000 60 kg bags (less than 2 percent of total production) and only used for the domestic market.

Coffee has been one of the country’s principal products in Nicaragua. Most of the Nicaraguan coffee is grown in the Jinotega, Matagalpa, and Nueva Segovia regions in the northern province.

It is known that Matagalpa Department produces the best bean quality. Most of the coffee produced in Nicaragua is the Arabica bean. It is grown at altitudes above 2500 feet.

Nicaragua coffee accounts for 1.4% of the world’s coffee production.

© The Expo Review

IMF Releases World Economic Outlook, October 2018

IMF released world economic outlook, October 2018 yesterday. The steady expansion under way since mid-2016 continues, with global growth for 2018–19 projected to remain at its 2017 level. At the same time, however, the expansion has become less balanced and may have peaked in some major economies. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded.

“The latest World Economic Outlook report projects that global growth will remain steady over this year and next, at last year’s rate of 3.7 percent”, Maurice Obstfeld, Economic Counsellor and Director of the Research Department of IMF said.

Global growth for 2018–19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. Global growth is projected at 3.7 percent for 2018–19—0.2 percentage point lower for both years than forecast in April.

The downward revision reflects surprises that suppressed activity in early 2018 in some major advanced economies, the negative effects of the trade measures implemented or approved between April and mid-September, as well as a weaker outlook for some key emerging market and developing economies arising from country-specific factors, tighter financial conditions, geopolitical tensions, and higher oil import bills.

Output losses after the 2008 financial crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007–08. Sluggish investment was a key channel through which these losses registered, accompanied by long-lasting capital and total factor productivity shortfalls relative to precrisis trends.

Policy choices preceding the crisis and in its immediate aftermath influenced postcrisis variation in output. Underscoring the importance of macroprudential policies and effective supervision, countries with greater financial vulnerabilities in the precrisis years suffered larger output losses after the crisis. Countries with stronger precrisis fiscal positions and those with more flexible exchange rate regimes experienced smaller losses. Unprecedented and exceptional policy actions taken after the crisis helped mitigate countries’ postcrisis output losses.

Inflation in emerging market and developing economies since the mid-2000s has, on average, been low and stable. IMF investigated whether these recent gains in inflation performance are sustainable as global financial conditions normalize.

First, despite the overall stability, sizable heterogeneity in inflation performance and in variability of longer-term inflation expectations remains among emerging markets.

Second, changes in longer-term inflation expectations are the main determinant of inflation, while external conditions play a more limited role, suggesting that domestic, not global, factors are the main contributor to the recent gains in inflation performance.

Third, further improvements in the extent of anchoring of inflation expectations can significantly improve economic resilience to adverse external shocks in emerging markets. Anchoring reduces inflation persistence and limits the pass-through of currency depreciations to domestic prices, allowing monetary policy to focus more on smoothing fluctuations in output.

© The Expo Review

 

Core data from UFI’s World Map of Exhibition Venues shows growth of global venue space

– 1,221 exhibition venues serve the industry around the world

– Total venue space available for exhibitions globally has grown to almost 35 million sqm

– Asia now offers more exhibition venue space then North America. Europe is home to the most exhibition space

– The number of larger exhibition venues around the world is growing significantly

As the total amount of exhibition space available around the world continues to grow, exhibition organisers have a more and more diverse choice of venues available in their target markets.

Data released last November 7 by UFI, the Global Association of the Exhibition Industry, shows that the number of venues offering more than 100,000 sqm of gross indoor exhibition space is the fastest growing segment, while the number of venues offering at least 5,000 sqm of gross exhibition space also continues to grow.

Venue capacity is an important element for the exhibition industry and the resulting economic development it generates. With the “World Map of Exhibition Venues”, UFI regularly produces a global census of all exhibition venues with a minimum of 5,000 sqm of gross indoor exhibition space.

Offering a preliminary view of the full report that will be available in December, UFI communicated on the consolidated results of the 2017 edition of the World Map, which highlights trends and developments in recent years.

Currently, there are 1,221 exhibition venues with a minimum of 5,000 sqm of gross exhibition space around the world and the total global venue space is 34.9 millions sqm, a 7.2% increase over the last 6 years. During this same period, the number of large venues offering more than 100,000 sqm of space has grown to 61, a staggering 27% increase in just 6 years.

Due to a surge in venue projects in Asia/Pacific, driven primarily by China, there is now more venue space available in this region than in North America. That being said, Europe retains its global lead on available venue capacities with 45.4% of the global market share (down 2% compared to 2011), ahead of Asia/Pacific with 23.6% (up 3.3%) and North America with 23.4% (down 1%).

Kai Hattendorf, UFI Managing Director, says: “We are pleased to see that in recent years, additional venue space has become available in almost all regions of the world. Venue investments are long-term investments – so these trends underline the positive outlook for the exhibition industry mid- to long-term. In addition to adding new space, many venue operators have also made significant investments to upgrade their existing venue capacities.”

UFI_world_map_of_exhibition_venues_november_2017

UFI1

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Source:UFI

© The Expo Review

‘INA PAACE Automechanika Mexico City 2018’ International Trade Fair for Automotive Parts, Equipment and Service Suppliers

 

INA PAACE Automechanika Mexico City is an international trade fair for automotive parts, equipment and service suppliers.  The show will hold its 2018 event July 11 – 13, 2018 at Centro Citibanamex in Mexico City.

According to the 2017 post show report more than 26,000 industry professionals and 512 exhibiting companies were joined.

At this year show exhibitor participation increased by 20% from 22 countries and 35% in attendance from more than 33 countries than last year. Technicians, shop owners, distributors, car enthusiasts and more lined up for Mexico and Central America’s most important automotive aftermarket trade show and seminar program.

“Mexico is a very important region for the automotive industry and we are pleased to offer the ideal platform for the aftermarket with this event. Enjoying consistent growth, INA PAACE Automechanika Mexico City remains a leader in this global marketplace”, stated Michael Johannes, Vice President and Brand Manager of Automechanika.

At the second year since partnering with INA, the annual trade show 2017 features a host of interactive exhibits from more than 500 automotive companies from 22 countries across the globe including Brazil, Argentina, Taiwan, United Kingdom, Spain, Malaysia, Turkey and Germany.

New innovations, the latest advancements and the best of today’s tools and equipment were on display at INA PAACE Automechanika.

Key buyers and influencers also invited the opportunity to access additional resources at the show 2017:
•OE guest, KIA, highlighted their newest vehicles on the show floor.

•The Innovation Zone featured automotive specialist, Gil Anchondo and upcoming artist, Jeremi Gopar as he showcased his skills painting unique designs on various pieces while visitors explored the host of products on display.

•CEDVA hosted a multitude of technicians as they enhanced their skill set directly on the show floor through various technologies offered.

•For the first time, INA PAACE Automechanika opened its Automotive Business Institute on the show floor. A seminar program specifically focused on offering business solutions to multi-shop owners, distributors and high-level executives.  Speakers from Mercado Libre, Arturo Valladares Béjar and Mariano Vainstein engaged attendees with opportunities and insights on e-commerce. Flavio Huberto Borges Hidalgo left a captive audience wanting more as he presented a seminar focused on customer retention and quality service “Disney” style.

The trade show 2017 floor was complemented by a strong participation of buyers in the training program. Thousands of visitors seeking information on new equipment, technical advice and a forum to exchange new ideas took part in the educational seminar program. This program is supported by the distribution of a certificate of attendance for every class attended.

“We are elated at the amount of support that we have received this year. Our show floor has armed distributors, shop owners and technicians with the knowledge about new products, technology and the ability to become better trained and more efficient. This spectacular collection of automotive brands is a compelling reflection of INA PAACE Automechanika Mexico City’s position in the market” states Bridget Ferris, Show Director.

The Industria Nacional de Autopartes(INA) is a nonprofit association founded more than fifty years ago and is the largest organization of representation of companies in the auto parts manufacturing industry with interests in Mexico. INA has a membership of more than 70% of the national production of auto parts, an 85 billion dollar market, which is positioned as the fifth most important in the world. Based on the above, INA seeks to support sustainable growth and development of its members through the promotion of the global market and manufacturing of the automotive parts sector in Mexico.


The show organizer, Messe Frankfurt, is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With some 2,400 employees at 30 locations, the company generates annual sales of over €640 million. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services.

With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).

The North American headquarters in Atlanta is currently producing eleven trade shows in the USA, Canada and Mexico across various industries.

© The Expo Review