Browse Data and Analysis

On Thursday May 12, the Government of Brazil (GOB) cut import tariffs for several categories of goods, focusing on food staples in an attempt to reduce consumer inflation. Import tariffs on beef, chicken, corn, wheat flour, wheat, cookies and bakery products were eliminated through the end of the year.

Post forecasts production at 14.85 million metric tons in 2022, growing two percent due to strong external demand. Production is forecast to set historical record. Consumption for 2022 is forecast at 10.25 million metric tons, slightly reduced from 2021.

For 2022/23, Post forecasts cotton planted area to shrink 3 percent compared to the current season, to 1.55 million hectares. The Post forecast for 2022/23 cotton production is 12.6 million bales, or 2.74 million metric tons (MMT), down from 13 million bales (2.83 MMT) in 2020/21.

Post forecasts both beef and pork production to continue to increase in 2018 to 9.7 million metric tons and 3.9 million metric tons, respectively.

As part of the ambitious goals set at the 21st Conference of the Parties (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC) in Paris on December 2016....

Brazil’s consumers have a budding appetite for higher-value food products as the country’s economy recovers from a historic recession and its middle class grows.