U.S. exports of food and farm products to Brazil reached a record of nearly $1.7 billion in fiscal year 2014. Brazil has long been one of the world's largest wheat importers but has generally been able to source most of its requirements from neighboring Argentina. However, export restrictions imposed by the Argentine government in 2013 created new opportunities for U.S. wheat exporters. As a result, U.S. wheat sales to Brazil soared to more than $1 billion in 2014, compared to $31 million just two years prior.

Brazil is a major competitor to the United States in international sales of agricultural commodities such as soybeans, poultry, beef, corn and rice. But while Brazil and the United States compete in the global market, the two nations are also close collaborators in agricultural research and the advancement of science-based policies to govern international trade in food and agricultural products. The United States’ principal forum for bilateral agricultural discussion and cooperation with Brazil is the Consultative Committee on Agriculture (CCA).

Data & Analysis

August 25, 2016
FAS provides summaries of the latest USDA quarterly forecasts for U.S. trade in agricultural products and a link to the joint FAS/ERS publication Outlook for U.S. Agricultural Trade.
August 24, 2016
FAS/Brazil facilitated over US$ 3 million dollars so far in 2016 in U.S. exports of milk powder to Brazil in response to a domestic shortfall.
August 24, 2016
Post forecasts broiler production to increase by three percent in 2017 to 14 million metric tons as a result of higher world demand for the Brazilian product.
August 18, 2016
The Brazilian ethanol-use mandate remains unchanged at 27 percent (E27).