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In 2022, the Brazilian bovine sector is expected to expand its cattle production by 2.5 percent, driven by global demand, elevated beef prices, and the recovery phase that the sector is going through. Nevertheless, in 2022, increasing production costs, especially feed prices, general inflation, and unstable weather will pose serious challenges to cattle ranchers.
On Monday, March 21st, the Government of Brazil (GOB) decided to temporarily eliminate the import tariff of ethanol, as well as five other agricultural products (coffee, margarine, cheese, spaghetti, sugar, and soybean oil).
Hong Kong continues to take random tests on imports of chilled and frozen foods and their packaging for the COVID-19 virus.
Brazil is a powerhouse agricultural producer, ranking among the top three global exporters for a host of commodities. To support its massive agribusiness sector, Brazil relies on imported inputs, including fertilizers. Annually, Brazil imports over 80 percent of its total fertilizer needs.
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.
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.
MY 2018/19 corn production is estimated at a record 101 MMT, 23 percent higher than the previous harvest, based on record area and yields.
Brazil’s Marketing Year (MY) 2019/20 sugarcane crush has been revised upward to 635 million metric tons (mmt) due to favorable weather conditions in the Center-south and the Northeastern....
Post forecasts soybean planted area at 36.5 million hectares in 2019/20, up negligibly on the 36.2 million hectares sown for the past crop.
The Brazilian economy continues to grow at a modest pace.