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U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.
In 2014, the food processing industry in Brazil showed somewhat weak growth of 1.5 percent, however imports of intermediate food products kept a more traditional pace.
FAS Sao Paulo forecasts Brazilian coffee production for marketing year 2013/14 (July-June) at 53.7 million 60-kilogram bags, a 5 percent decrease.