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.

Despite the impact of the coronavirus pandemic in the Brazilian economy, the retail industry registered a positive performance.

Brazil reached robust sales growth figures for wines in 2020, reaching 380 million liters or 15 percent higher compared to 2019.

On June 11, 2021, the Brazilian Ministry of Agriculture, Livestock and Food Supply (MAPA) issued a notice soliciting public comments on the “Plant-Based Regulatory Discussion.”

On December 30, 2020, the Brazilian National Biodiesel Production Program (CNPE) issued Resolution #14 with guidelines to implement a new market environment for biodiesel trade, which should replace the current biodiesel public auctions.

For 2021/22, Post forecasts soybean planted area at 40.3 million hectares (ha), and production at 143.5 million metric tons (MMT), based on a yield of 3.56 mt per ha. Post revised up 2020/21 planted area estimate by 300,000 ha to 38.8 million ha, and...

On June 9, 2021, the Federal Gazette (DOU) published Resolution RDC/Anvisa #541/2021, which modifies Resolution RDC/Anvisa #332/2019 that defines requirements for the usage of industrial trans-fat in foods.