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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.
On October 16, Brazil announced that it would suspend the import tariffs on corn, soybeans, soy meal, and soy oil from countries outside the Mercosur trade bloc.
Post forecasts milk production in 2020 down 3 percent, to 23.5 million metric tons (MMT).
Plentiful, and generally cheap, corn supplies in Brazil’s Center-West region have enticed investment in the corn ethanol sector over the last few years.
Post maintains its forecast for soybean planted area at 38.5 million hectares (ha) for 2020/21, up from 36.9 million ha in 2019/20.
Brazil’s MY 2020/21 sugarcane crush has been revised upward to 655 million metric tons (mmt), due to overall favorable weather conditions in the north-northeastern growing region.
Post raises its corn production estimate for market year (MY) 2019/20 (March 2020 – February 2021) by 3 million metric tons (MMT) to 103 MMT, based on a large expansion of area...
Brazil's food retail sector continues to grow, creating an increasingly competitive environment for exporters.
The proposed reduction in the U.S. Renewable Fuels Standard for 2014 draws a mixed reaction from Brazilian industry, including the possibility of a legal challenge. Brazil: Biofuels
Although Brazil is a major agricultural producer, there are opportunities for U.S. companies to gain a share of Brazil’s $4.2 billion consumer-oriented food product market.