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The United States and Brazil are world leaders in agricultural research, and our collaboration over the last several decades has been a cornerstone of the close relationship between our two countries.
The Brazilian Food Processors' Association (ABIA) reported that the food processing sector in Brazil had revenue of US$209 billion in 2022, showing a growth of 16.6 percent compared to the previous year.
In 2023, Post forecasts that cattle production will grow 1.3 percent, to 48.5 million cattle head, as the Brazilian cattle sector reaches its peak in the production cycle.
In 2022/23, Brazil is forecast to reap a record soybean crop of 153 million metric tons (MMT). Post maintained the forecast for planted area expansion of 43.3 million hectares (ha). Harvest lags behind schedule compared to previous years,
Post forecasts Brazil’s 2016/17 cotton area at 940,000 hectares (ha), a two percent drop compared to the previous year.
Post forecasts Brazil’s 2016/17 cotton area at 910,000 hectares (ha), a five percent drop compared to the previous year.
This report outlines regulatory requirements for food and agricultural product imports into Brazil, including import procedures.
The negative trend of Brazil’s GDP will continue in 2016 but is expected to shift in 2017. In 2015, imports of agricultural products were impacted by the economic crisis, but less than expected.
In 2015, food retail sales amounted to R$315.8 billion (US$94.5 billion), 5.35 percent of Brazil’s GDP of R$ 5.9 trillion (US$ 1.8 trillion).
Post increased its 2016/17 production forecast to 102 million metric tons (mmt), a record.