The pecan harvest in Rio Grande do Sul, Brazil, is projected to see a 40% loss, with an estimated four to five thousand tons expected to be harvested. This is due to losses from floods, intense heat, and insufficient rainfall. The Brazilian Institute of Pecaniculture (IBPecan) is seeking a reduced tax regime for pecans, similar to that given to olive and olive oil producers, to encourage producers to formalize their operations and make pecans more competitive. Rio Grande do Sul, the largest producer of pecans in Brazil, is suffering from its fourth year of drought.