Agricultural freelance reporter based in Porto Alegre, Brazil, and Buenos Aires, Argentina.
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U.S. wheat to South America jumps

Consumption is likely to increase in Brazil in 2013 in almost every sector. The food sector is not an exception, but one of the main beneficiaries of the expansion. The U.S. could potentially benefit from that increased consumption by exporting an increased amount of wheat to South America's most populated country. Yearly, Brazil imports approximately 7.5 million tons of wheat, and imports have more than doubled in three years.

The scenario that could potentially boost imports from the U.S., however, is not consumption expansion in Brazil, but trade policies from Argentina.