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The Brazilian orange crop for Marketing Year (MY) 2019/20 is forecast at 382.8 million 40.8-kg boxes (MBx) or 15.6 million metric tons (MMT), a decrease of 19 percent relative to the previous season.
This is an update of the 2019 report. In 2019, U.S. consumer-oriented products exported to Guatemala reached a record $567 million.
While the Brazilian economy has faltered as a result of the widespread effects of the COVID-19 pandemic, most of the country’s agricultural sector has thrived.
Guatemala’s GDP growth is expected to slow as a result of COVID-19. The agricultural sector’s participation in the national GDP is expected to drop from 13.5 to 9.7%.
On May 26, 2020, the Ministry of Agriculture of Guatemala eliminated the registration requirement for animal feed minerals that contain only one type of biomolecule ingredient.