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Brazil’s Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) increased import tariffs for three dairy products and reversed the unilateral 10% reduction in the Common External Tariff (CET) for 29 other dairy products.
Brazil is the second-largest chicken meat producer in the world after the United States, and the largest chicken meat exporter in the world.
Post increased the forecast for 2023/24 cotton area planted to 1.67 million hectares (ha), an increase of just under one percent from the 1.66 million ha cotton area estimate for 2022/23.
Total Brazilian ethanol production for 2023 is estimated at 32.95 billion liters, an increase of seven percent relative to 2022 due to the expected increase in sugarcane production and the steady increase in corn ethanol production.
The Brazilian economy is slowly recovering from the negative impacts of the COVID pandemic on its GDP growth, employment rates, and in most sectors of the economy.
For market year (MY) 2018/2019 (January – December 2019), Post revises its apple production estimate down to 1.07 million metric tons (MMT), a 2-percent drop compared to the previous year.
The Brazilian orange crop for MY 2019/20 is forecast at 370 million 40.8-kg boxes (MBx), equal to 15.1 mmt, a decrease of 22 percent relative to the current season, due to weather-related....
On November 5, 2019, Brazil announced its decision to finally implement a long-sought duty-free tariffrate quota (TRQ) for 750,000 metric tons (MT) of wheat imports from non-Mercosul countries.
Post forecasts Brazil's 2019/20 marketing year (MY) cotton area to reach 1.65 million hectares (ha), an increase of about 2 percent on the current season's estimated area of 1.62 million ha.
Post forecasts Brazil's 2019/20 marketing year (MY) cotton area to reach 1.65 million hectares (ha), an increase of about 2 percent on the current season's estimated area of 1.62 million ha.
ATO/Sao Paulo coffee production estimate for MY 2019/20 (July-June) was revised downward to 58 million 60-kg bags, due to lower agricultural and de-husking yields than previously projected....
Post forecasts dairy production to increase by 2 percent in 2020, mostly driven by higher exports of dairy products and an increase in domestic demand attributed to economic improvement.