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Although the COVID-19 pandemic hurt foodservice channels, beer consumption in the country grew steadily last year. Brazilians shifted from consuming beer away-from-home to at-home during the pandemic months. In addition,

Post lowered its 2021/22 forecast for soybean planted area further, to 39.8 million hectares (ha) and soybean production to 134.5 million metric tons (MMT). From the last estimates, weather conditions have continued to worsen in key producing regions.

This report highlights the major macroeconomic indicators in Brazil, providing a forecast for 2022 and an overview of the Brazilian agricultural situation, including trade figures.

Post revised down its 2021/22 forecast corn harvest to 113 million metric tons (MMT) on the account of disappointing first-crop corn volumes. Consequently, the corn export forecast is also lowered to 42 MMT.

Brazil is the second largest producer of biotech crops in the world.

Post forecasts fluid milk production to increase by 1.8 percent in 2018.

Brazil’s coffee production for MY 2017/18 is revised down to 51.2 million 60-kg bags.

Brazil’s MY 2017/18 sugarcane crush remains unchanged at 645 mmt. Approximately 48.3 percent of the crop is expected to be diverted to sugar, as a consequence of the continued worldwide sugar deficit.

2016/2017 corn production is estimated at a record 97.7 million metric tons (mmt), a 46 percent increase from the previous year, based on expanded area and improved yields.

U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.

This report outlines regulatory requirements for food and agricultural product imports into Brazil, including import procedures.

Brazil is one of the largest agricultural commodity producers in the world and is continuing to expand its production.