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- (-) Biofuels
- (-) March 2016
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On March 23, 2016, legislation was signed into law to increase Brazil’s biodiesel-use mandate from the current 7 percent, to 10 percent by 2019.
Post increased its forecast for Brazil’s 2015/16 soybean production to a record 100 million metric tons (mmt).
South America is one of the fastest-growing world regions for exports of U.S. farm and food products, and Chile and Peru are among the most rapidly growing markets in the region.
Production of distillers dried grains (DDG) has soared in recent years as ethanol production has grown.
Brazilian exports continue to surge and provide growing competition for U.S. farm products.
Brazilian crop and livestock production continues to expand, building on rapid gains over the past few decades.