Browse Data and Analysis

Uruguay’s corn production is forecast to reach a record 1.8 million tons, as favorable margins and low pest impact encourage a return to planting. Wheat exports are projected down to 750,000 tons due to reduced area and competition from more...

Uruguayan soybean production in marketing year (MY) 2025/26 is forecast at 3.1 million metric tons (MMT), slightly below the previous year’s record harvest due to a modest reduction in planted area as farmers shift some acreage back to corn.

In 2024, Portugal imported $413 million worth of agricultural, fish, and forestry products from the United States, up 40 percent compared to the previous year.

This report describes the agricultural biotechnology sector in Portugal, covering production and trade, policy, and marketing aspects. It includes topics related to plant, animal, and microbial biotechnology.

In 2023, Portuguese imports of agriculture, fish and forest products from the United States reached $294 million, two percent higher than previous year.

Uruguayan beef exports in 2025 are forecast to remain unchanged at 475,000 tons carcass weight equivalent (cwe). The final volume will depend on how active Chinese buyers are the remainder of the year and FOB prices. Exports to the United States are projected to remain high.

In 2023, Portugal imported almost $294 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.

Uruguayan wheat production in marketing year (MY) 2024/2025 is forecast at 1.3 million tons, 260,000 tons lower than the previous crop season which saw record high yields. Wheat exports are projected down at 800,000 tons, 29 percent lower than the previous year.

Post forecasts Uruguay’s marketing year (MY) 2024/25 soybean up to 3.4 million metric tons (MMT) on increased soy acreage planting, driven by increased acreage in second or late crop soy due to producers fears of another dry year of La Niña weather pattern and potential disease threat to corn, preferring soy over corn.

In 2023, Portugal imported $293 million worth of agricultural, fish, and forestry products from the United States. Outside the European Union Member States, the United States was the third main origin of Portuguese agricultural and related imports.

Uruguayan beef exports in 2024 are forecast slightly up at 467,000 tons carcass weight equivalent as a result of a projected larger beef output with a marginal increase in the domestic demand.

This report presents an overview of Portugal’s soybean and products market. Soybean and soybean product imports to Portugal combined amount on average to nearly 1.4 million metric tons (MT) per year.