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Brazil continues to present opportunities for U.S. exporters of ingredients, with its food processing industry market estimated at $198 billion.
China’s food regulatory regime continues to evolve. In 2017, China issued numerous new regulations and measures to reflect the requirements introduced under the 2015 Food Safety Law.
ATO Sao Paulo projects the Brazilian orange crop for 2018/19 (MY 2017/18) at 393 million boxes, a decrease of 27 percent relative to the previous season.
Post forecasts 2017/18 production at 112.5 million metric tons (mmt), Brazil’s second largest crop after the record set on the previous season.
2017/2018 corn production is forecast lower at 92 million metric tons (MMT), mainly due to reduced area for first- and second-crop corn and an expected return to normal yields.