Browse Data and Analysis

The Brazilian orange crop for Marketing Year (MY) 2023/24 is forecast at 378 million 90-pound boxes (MBx) - standard reference, equivalent to 15.42 million metric tons (MMT), a decrease of 7.3 percent compared to previous Post estimate (408 million boxes or 16.5 MMT), primarily due to poor weather conditions that culminated in a more severe drought, as well as impacts from greening.

During the past few years, the landscape for U.S. renewable diesel production has drastically changed, akin to the growth of ethanol and biodiesel during the past two decades. Driven by federal and state policies aimed at reducing emissions, this dramatic U.S. renewable diesel production and capacity growth is causing significant, market-altering shifts both domestically and to foreign feedstock trade.

Brazil’s total coffee production for marketing year 2024/25 (July-June) is forecast at 69.9 million bags (60 kilograms per bag), green bean equivalent, a 5.4 percent increase over the previous crop year.

The Brazilian Government announced the elimination of import taxes on paddy rice (100610), husked/brown rice (100620), and milled rice (100630) for all countries.

The report provides a comprehensive analysis of the tree nut market in Brazil, highlighting significant opportunities for U.S. exporters.

Brazil’s Southernmost state, Rio Grande do Sul (RGDS), has been impacted by record high rainfall levels, reaching up to 800 millimeters in some regions, leading to unprecedented floods. The death toll reached 145 as of May 12th and nearly 620,000 people have been displaced.

Uruguayan wheat production in marketing year (MY) 2024/2025 is forecast at 1.3 million tons, 260,000 tons lower than the previous crop season which saw record high yields. Wheat exports are projected down at 800,000 tons, 29 percent lower than the previous year.

Post forecasts Uruguay’s marketing year (MY) 2024/25 soybean up to 3.4 million metric tons (MMT) on increased soy acreage planting, driven by increased acreage in second or late crop soy due to producers fears of another dry year of La Niña weather pattern and potential disease threat to corn, preferring soy over corn.

Brazil’s sugarcane fields performed exceptionally well in the marketing year (MY) April 2023 to March 2024, producing a record of 705 million metric tons (MMT).

Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.

The Brazilian Food Processors' Association reported 2023 Brazilian food processing sector revenues at US$231 billion, a growth of 7.2 percent compared to the previous year.

Brazil, a BRICS emerging economy, is the world’s sixth-largest greenhouse gas (GHG) emitter. Change in land use and forests (including deforestation and wildfires) is the main source of GHGs in Brazil, followed closely by agricultural production.