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Post lowered its 2021/22 forecast for soybean planted area further, to 39.8 million hectares (ha) and soybean production to 134.5 million metric tons (MMT). From the last estimates, weather conditions have continued to worsen in key producing regions.
This report highlights the major macroeconomic indicators in Brazil, providing a forecast for 2022 and an overview of the Brazilian agricultural situation, including trade figures.
Post revised down its 2021/22 forecast corn harvest to 113 million metric tons (MMT) on the account of disappointing first-crop corn volumes. Consequently, the corn export forecast is also lowered to 42 MMT.
The Agricultural Trade Office (ATO) in Sao Paulo hired a Brazilian research institute to gather data to help the ATO further develop a social media strategy to increase U.S. food promotions with Brazilian consumers.
The United States Department of Agriculture (USDA) developed a series of webinars in 2021 to showcase U.S. products among Brazilian professionals in food and feed industries. The events discussed global trends, technical applications in the industry, and uniqueness of these U.S. products.
ANUFOOD Brazil will have its third edition in Sao Paulo on April 12-14, 2022. Due to the success of the ANUFOOD trade show in 2020, the Foreign Agricultural Service's Agricultural Trade Office (ATO) in Sao Paulo will host a USA Pavilion. The USA Pavilion will serve as a place to strengthen trade relations between American exporters and local importers and distributors.
The Brazilian government is currently reviewing and consolidating the overall set of regulations that establishes technical and administrative procedures to the country’s legal framework.
This report identifies Brazil’s import requirements for foreign export certificates. An export certificate matrix and outline are included.
Post lowered its 2021/22 forecast for soybean planted area to 40.4 million hectares (ha) and soybean production to 136 million metric tons (MMT). This season sowing began optimistically, with most soybeans planted on time compared to last year.
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).