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Brazil’s Marketing Year (MY) 2021/22 sugarcane crop is estimated at 635 million metric tons (mmt), a decrease of three percent compared to the final estimate for MY 2020/21 (657 mmt).
With about two-thirds of the Brazilian population on social media, Brazil is home to over 140 million social media users.
Post forecasts that Brazilian producers will expand soybean planted area to reach 40 million hectares (ha) in 2021/22 season, up from the estimated 38.5 mn ha planted in the 2020/21 season.
Post maintains its corn production forecast for MY 2020/21 (March 2021–February 2022) at 105 million metric tons (MMT), based on the smaller-than-expected first crop of corn paired with widespread delayed planting of second-crop “safrinha” corn.
Brazil continues to present opportunities for U.S. exporters of ingredients, with its food processing industry market estimated in 2020 at $152 billion, an increase of 12.7 percent compared to the previous year.
For 2021/22, Post forecasts cotton planted area to rebound 11 percent compared to the current season, to 1.6 million hectares.
On February 22, 2021, South Africa's International Trade Administration Commission (ITAC) initiated antidumping duty investigations on bone-in chicken imports from...
Bovine semen exports from the United States to Brazil reached a record in 2020, and expectations are that 2021 could be another record year.
Post forecasts that the cattle herd will grow at three percent in 2021, and beef production is also forecast to increase three percent, reaching 10.4 million tons Carcass Weight Equivalent (CWE).
Brazil is perhaps best known as a major competitor for U.S. agricultural exports, but U.S. exports to the country have grown three-fold over the last 30 years, topping US $1.1 billion...
Post forecasts chicken production at 14.15 million tons in 2021, growing at a two percent rate due to strong external demand and increased domestic consumption.
On January 20, 2021, Brazilian President Jair Bolsonaro sent newly inaugurated President Biden a letter noting that Brazil has demonstrated its commitment to the Paris Agreement.