Brazil's position as a food and agricultural superpower could be threatened as supply-side factors slow production growth and rising domestic demand reduces surpluses, according to an article in the November issue of Amber Waves, a USDA publication from the Economic Research Service.



Author Constanza Valdes points out that Brazil has emerged as an important player in global food and agricultural markets, but the long-term growth of Brazilian agriculture could slow due to supply-side factors.

In addition, continued growth in domestic food demand and the changing composition of food demand could dampen growth in processed and high-value agro-food exports.

The full article is online.



SOURCE: USDA/ERS publication Amber Waves, November 2006 issue.