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Post kept its forecast for Brazil’s 2015/16 soybean production to a record 98 million metric tons (mmt).
The proposed reduction in the U.S. Renewable Fuels Standard for 2014 draws a mixed reaction from Brazilian industry, including the possibility of a legal challenge. Brazil: Biofuels
Although Brazil is a major agricultural producer, there are opportunities for U.S. companies to gain a share of Brazil’s $4.2 billion consumer-oriented food product market.