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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.
The United States and Brazil are world leaders in agricultural research, and our collaboration over the last several decades has been a cornerstone of the close relationship between our two countries.
The Brazilian Food Processors' Association (ABIA) reported that the food processing sector in Brazil had revenue of US$209 billion in 2022, showing a growth of 16.6 percent compared to the previous year.
In 2023, Post forecasts that cattle production will grow 1.3 percent, to 48.5 million cattle head, as the Brazilian cattle sector reaches its peak in the production cycle.
In 2022/23, Brazil is forecast to reap a record soybean crop of 153 million metric tons (MMT). Post maintained the forecast for planted area expansion of 43.3 million hectares (ha). Harvest lags behind schedule compared to previous years,