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                Brazil’s economy was forecasted to suffer a sharp drop in 2020; however, the decline was far less than expected. Gross Domestic Product (GDP) declined 4.1 percent, reaching $1.4 trillion.
            
                                      
                The Brazilian orange crop for Marketing Year (MY) 2021/22 is forecast at 405 million 40.8-kg boxes (MBx), equal to 16.52 million metric tons (MMT), an increase of 12 percent relative to the current season.
            
                                      
                Post forecasts 2021/22 planted cotton area at 1.52 million hectares (ha), with production at 12.6 million bales (2.74 million metric tons – MMT), more than a 10 percent greater than the 2020/21 estimated production of 10.68 million bales (2.33 MMT).
            
                                      
                Brazil is the second-largest producer of biotech crops in the world with 115 events approved. Post forecasts the total area planted to GE crops reached over 56 million hectares during the recently completed crop year of 2020/2021. Adoption rates for...
            
                                      
                Post decreases its corn production forecast for MY 2020/21 (March 2021–February 2022) to 105 MMT, in response to reduced yields for first-crop corn, as well as the likelihood of delayed planting...
            
                                      
                There were no substantial alterations on the regulatory framework for agricultural goods in 2020 except for the review of nutritional labeling by the...
            
                                      