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- (-) May 2024
- (-) July 2023
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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 Brazilian orange crop for Marketing Year (MY) 2022/23 is forecast at 410.6 million 40.8-kg boxes (MBx) or 16.75 million metric tons (MMT), a slight decrease of 1.1 percent vis-à-vis the current season, with the resumption of the biennial crop cycle and consequently, a lower fruit load per tree.
For 2023/24, Post forecasts soybean planted area at 45.2 million hectares (ha), and production at 159 million metric tons (MMT), based on a yield of 3.52 mt per ha.