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FAS/Brasilia forecasts 2015/16 soybean production at 94 million metric tons (mmt) despite a drop in planted area to 31.1 million hectares, a decrease of one percent compared to 2014/15.
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
Post revised the 2015 outlook for production, consumption and exports of beef and pork, respectively.
A more difficult economic environment is expected slow growth in the poultry sector.
Post kept its forecast for Brazil's 2014/15 soybean production at a record of 93 million metric tons (MT).
Post forecasts Brazil's 2014/15 soybean production at a record of 93 million metric tons (MT), based on increased hectares planted to soybeans.
For the second year in a row, U.S. wheat constituted nearly half of all Brazilian wheat imports.
U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.
In 2014, the food processing industry in Brazil showed somewhat weak growth of 1.5 percent, however imports of intermediate food products kept a more traditional pace.
President Dilma Rousseff announced the appointment of Katia Abreu as Minister of Agriculture, Livestock, and Food Supply on December 23, 2014.
This report outlines regulatory requirements for food and agricultural product imports into Brazil, including import procedures.
Brazilian orange crop for 2014/15 is projected at 400 million 40.8-kg boxes, down 13 million boxes from the previous year.