Browse Data and Analysis

Post increased its estimate for soybean production in 2024/25 to 161 million metric tons (MMT), from the previous estimate of 160 MMT.

Milk production in Brazil for 2024 is expected to increase by 1 percent to 25 million metric tons (MMT) and to increase again in 2025 to 25.4 MMT.

This report provides an unofficial translation of Vietnam's Government Decree 120/2024, issued on September 30, 2024.

Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.

On October 17, 2024, the Tariff Changes Committee (CAT) of the Chamber of Foreign Trade (Camex) rejected the request made by the Brazilian Association of Fuel Importers (ABICOM) and the U.S. Grains Council to remove the 18 percent tariff on ethanol imports to Brazil.

On Friday, October 4th the Brazilian Ministry of Agriculture and Livestock (MAPA) announced the departure of Roberto Perosa, the former Secretary of Trade and International Affairs. Luis Rua, former Director of Markets for the Brazilian Association...

In celebration of 200 years of diplomatic relations between Brazil and the United States, the U.S. Embassy and Consulates in Brazil launched the “Bicentennial Beer”.

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 forecasts chicken meat production will increase one percent in 2025 due to high external demand, socio-economic performance, and improved costs of production.

Vietnam’s food retail market consisted of over 665,000 outlets generating sale revenue of $55 billion in 2023, up four percent compared to 2022. Although the global economic downturn has slowed growth, key retailers remain optimistic about the potential of Vietnam's retail market.

In 2024, Brazil recorded extreme weather events including the intensification of heat waves in several regions. Although the impacts of the fire outbreaks in the sugarcane production are difficult to estimate, the losses caused directly by the fires should not affect Brazil´s total sugar production in the MY 2024/25.

Post maintains Vietnam’s soybean meal consumption forecast for the marketing year (MY) 2023/24 at 5.85 million tons, aligned with feed consumption. It expects consumption to rise to 6.1 million tons in 2024/25 due to increased demand for animal and aquafeed.

The Brazilian economy grew 2.9 percent, largely supported by household consumption, which improved by 3.1 percent in 2023. Low unemployment (7.9%) and inflation (4.6%) were two major drivers for this outcome.