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On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
During 2019, the first year of President Bolsonaro's administration, Brazil registered some positive results.
Post maintains its 2020/21 forecast for soybean planted area expansion at 38.5 million hectares (ha) and soybean production at 131.5 million metric tons (MMT).
The Brazilian orange crop for Marketing Year (MY) 2020/21 is forecast at 415 million 40.8-kg boxes (MBx), equal to 16.93 million metric tons (mmt), an increase of 14 percent relative to the current...
Post forecasts 2020/21 planted cotton area at 1.5 million hectares (ha), with production at 12.06 million bales (2.63 million metric tons – MMT), more than a 13 percent decline....
On November 18, the Brazilian National Energy Policy Council published a resolution to allow for the use of imported materials – either raw soybeans or soybean oil - in the production of biodiesel.
The ATO/Sao Paulo coffee production estimate for MY 2020/21 (July-June) remains unchanged at 67.9 million 60-kg bags.
Brazil's consumer inflation has been steadily rising over the summer and into the fall. The increase has, in large part, been fueled by spiking food and beverage prices.
Brazil's Agriculture Ministry (MAPA) issued a normative instruction meant to facilitate imports of genetically modified (GMO) corn and soybeans from the United States.
On October 7, 2020, Brazil adopted additional requirements for the import of fresh fruits and materials of plant origin intended for propagation or reproduction into Brazil.
The National Agency of Sanitary Surveillance (ANVISA) published new regulations on nutrition labeling of packaged food products.
In 2019, the Brazilian food service industry reached US$117 billion. The 2020 forecast was signaling to an upward trend; however, the COVID-19 outbreak reshaped this estimate.