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Post forecasts 2021/22 cotton area planted at 1.45 million hectares (ha), an increase from the current harvest, but lower than the previous forecast.
On August 30, 2021, the Brazilian Ministry of Agriculture, Livestock, and Food Supply (MAPA) published the new Dairy Certificate model for U.S. exports into Brazil.
Post forecasts production at 14.72 million tons in 2022, growing three percent due to strong external demand and increased domestic consumption, both of which reached historical records this year.
The Brazilian Low Carbon market framework has successfully been set. Renovabio was implemented in late 2019 and has progressed well.
On August 28, 2021, the Brazilian Ministry of Agriculture, Livestock, and Food Supply (MAPA) began accepting the new Export Certificate model for U.S. exports of beef, beef products, and bovine offal into Brazil.
Brazil's limited corn supply is driving domestic prices up and having a significant impact on the pork and poultry sectors.
2015/2016 wheat production is estimated at 5.6 million metric tons (mmt), down 6 percent from the previous year as some producer switch to more profitable crops like corn and soybeans.
The Brazilian orange crop for 2016/17 is forecast at 351.7 million boxes, down 14 percent from the previous crop, due to weather-related problems during blossoming and fruit setting.
Agriculture has always played a critical role in Brazil’s economy, serving as a primary source of revenue and central generator of employment.