Under Biden, USA is better for agribusiness than Trump

There has been a significant increase in the import of meat and beef products from Brazil to the United States, with a 95% rise this year, reaching a value of US$ 4.2 billion from January to August. This figure represents a 27% increase compared to the same period in 2020 and sets a record in trade relations between the two countries in the agribusiness sector. The imports include a variety of agricultural products, forestry exports, bulk products, consumer-oriented products like meat and beef, fruits, and juices, with some categories experiencing record growth. However, there's a 14% decrease in imports of intermediate products such as ethanol, sugar, and vegetable oils. Despite China leading in imports of agricultural products from the U.S., with an expected expenditure of US$ 36 billion in fiscal year 2022, trade relations with Brazil have seen a notable improvement, with a projected increase in meat exports to US$ 38.7 billion in 2022, though soybean exports are expected to decrease due to lower prices and reduced demand from China.