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In 2024, Brazil surpassed the United States in cotton production and exports for the first time on record. Brazil's MY2024/25 planted area is also estimated to reach a new record. Favorable prices compared to corn as well as lower production costs have boosted cotton's profitability, making it the preferred choice for second crop planting.
Brazil’s MY 2024/25 total coffee production is forecast at 66.4 million bags, 0.2 percent higher than the previous season. This timid growth comes in the aftermath of a strong period of adverse weather conditions in the main producing regions, which led to a decrease in initial estimates for the season.
In 2023, the value of U.S. tall oil exports to Finland and Sweden rose to nearly a quarter of a billion dollars. This is mainly due to a surge of the price of tall oil as the demand as feedstock for the production of advanced biofuels is increasing while the availability is limited.
U.S. agricultural exports to Jamaica in 2023 totaled approximately $601 million, which makes the United States a key trading partner for the Caribbean nation. Currently, some U.S. exported livestock feed inputs and intermediate foods to Jamaica are produced using biotechnological methods.
Brazil is the second-largest producer of biotech crops in the world, with 131 events approved for plants. For the 2024/2025 crop season, FAS Brasilia forecasts 68.5 million hectares planted with GE traits. Adoption rates for soybeans and cotton reached 99 percent and for corn, 95 percent.
This report outlines the requirement for exporting food and agricultural products to Jamaica. There were no major changes to these requirements in 2024.
This report outlines the major export certificates required by the Government of Jamaica for imports of food and agricultural products.
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.
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”.