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Brazil’s MY 2024/25 total coffee production is forecast at 66.4 million bags, 0.2 percent higher than the previous season. This timid growth comes in the aftermath of a strong period of adverse weather conditions in the main producing regions, which led to a decrease in initial estimates for the season.
Brazil is the second-largest producer of biotech crops in the world, with 131 events approved for plants. For the 2024/2025 crop season, FAS Brasilia forecasts 68.5 million hectares planted with GE traits. Adoption rates for soybeans and cotton reached 99 percent and for corn, 95 percent.
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.