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- (-) May 2024
- (-) April 2021
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The Brazilian Government announced the elimination of import taxes on paddy rice (100610), husked/brown rice (100620), and milled rice (100630) for all countries.
The report provides a comprehensive analysis of the tree nut market in Brazil, highlighting significant opportunities for U.S. exporters.
Brazil’s Southernmost state, Rio Grande do Sul (RGDS), has been impacted by record high rainfall levels, reaching up to 800 millimeters in some regions, leading to unprecedented floods. The death toll reached 145 as of May 12th and nearly 620,000 people have been displaced.
Brazil’s Marketing Year (MY) 2021/22 sugarcane crop is estimated at 635 million metric tons (mmt), a decrease of three percent compared to the final estimate for MY 2020/21 (657 mmt).
With about two-thirds of the Brazilian population on social media, Brazil is home to over 140 million social media users.
Post forecasts that Brazilian producers will expand soybean planted area to reach 40 million hectares (ha) in 2021/22 season, up from the estimated 38.5 mn ha planted in the 2020/21 season.
Post maintains its corn production forecast for MY 2020/21 (March 2021–February 2022) at 105 million metric tons (MMT), based on the smaller-than-expected first crop of corn paired with widespread delayed planting of second-crop “safrinha” corn.
Brazil continues to present opportunities for U.S. exporters of ingredients, with its food processing industry market estimated in 2020 at $152 billion, an increase of 12.7 percent compared to the previous year.
For 2021/22, Post forecasts cotton planted area to rebound 11 percent compared to the current season, to 1.6 million hectares.