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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.