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Brazil is the second largest beef producing country and the largest beef exporting country in the world. Post expects decreased slaughter in 2025, due to the forecast start of the reversion of the cattle cycle.

This provides an update to the report Citrus Annual_Brasilia_Brazil_BR2024-0043. The report has been edited from its original version to revise estimates and update the Post forecasts for production, consumption and exports.

The Agricultural Trade Office (ATO)/Sao Paulo estimate for the Brazilian coffee production for Marketing Year (MY) 2021/22 (July-June) remains unchanged at 56.3 million 60-kg bags, a significant decrease of 19 percent compared to last year’s record output of 69.9 million bags.

On November 5, Brazil announced a unilateral 10 percent reduction of import tariffs on 87 percent of all goods and services until December 31, 2022. Agricultural products are on the list of reductions, including ethanol – which was lowered by 10 percent from 20 percent to 18 percent.