Browse Data and Analysis

This report outlines Venezuela’s food and beverage market conditions, which highlights growing opportunities for U.S. food and agricultural exporters to enter and expand in the market.

On June 1, 2022, the Quebec government passed legislation titled Bill 96, An Act respecting French, the official and common language of Quebec, to make new amendments to Quebec’s Bill 101.

Brazil’s Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) increased import tariffs for three dairy products and reversed the unilateral 10% reduction in the Common External Tariff (CET) for 29 other dairy products.

Uruguayan beef exports in 2024 are forecast slightly up at 467,000 tons carcass weight equivalent as a result of a projected larger beef output with a marginal increase in the domestic demand.

Brazil is the second-largest chicken meat producer in the world after the United States, and the largest chicken meat exporter in the world.

Post increased the forecast for 2023/24 cotton area planted to 1.67 million hectares (ha), an increase of just under one percent from the 1.66 million ha cotton area estimate for 2022/23.

Highlight: Beef production and exports in 2024 are projected to increase marginally. Exports at 445,000 tons carcass weight equivalent would be the second highest on record.

Beef production in 2024 is projected at 3.12 million tons carcass weight equivalent (CWE), down marginally from 2023, a year with high slaughter levels because of a severe drought.

Improved stocks at poultry breeder facilities and lower feed prices are forecast to increase chicken meat production by two percent in 2024.

Total Brazilian ethanol production for 2023 is estimated at 32.95 billion liters, an increase of seven percent relative to 2022 due to the expected increase in sugarcane production and the steady increase in corn ethanol production.

The Brazilian economy is slowly recovering from the negative impacts of the COVID pandemic on its GDP growth, employment rates, and in most sectors of the economy.

Post forecasts marketing year 2023/24 production at 1.1 million 480-bales, a 30 percent decline compared to the previous year due to higher input costs and lack of access to new genetically engineered seed varieties.