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                Post increased the 2024/25 forecast for soybean planted area expansion in Brazil to 47 million hectares (HA) and soybean production to 165 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year.
            
                                      
                The Brazilian orange crop for Marketing Year (MY) 2024/25 is forecast at 320 million 90-pound boxes (MBx) - standard reference, equivalent to 13 million metric tons (MMT), a decrease of 15 percent compared to the previous Post estimate for MY 2023/24 (378 million boxes or 15.42 MMT).
            
                                      
                Corn prices in Brazil have been rising in recent months, driven by factors such as the increased prices in international markets and the devaluation of the Brazilian Real. As a result, corn production for MY 2024/25 (March 2025 – February 2026) is...
            
                                      
                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.
            
                                      
                Post forecasts Brazil’s 2016/17 cotton area at 940,000 hectares (ha), a two percent drop compared to the previous year.
            
                                      
                Post forecasts Brazil’s 2016/17 cotton area at 910,000 hectares (ha), a five percent drop compared to the previous year.
            
                                      
                This report outlines regulatory requirements for food and agricultural product imports into Brazil, including import procedures.
            
                                      
                The negative trend of Brazil’s GDP will continue in 2016 but is expected to shift in 2017. In 2015, imports of agricultural products were impacted by the economic crisis, but less than expected.
            
                                      
                In 2015, food retail sales amounted to R$315.8 billion (US$94.5 billion), 5.35 percent of Brazil’s GDP of R$ 5.9 trillion (US$ 1.8 trillion).
            
                                      
                Post increased its 2016/17 production forecast to 102 million metric tons (mmt), a record.
            
                                      