Brazil

The chief executive of CTC Centro de Tecnologia Canavieira announced that Brazilian regulators have approved the use of a genetically modified version of sugarcane, the first time any country has allowed commercialization of biotech cane.

Brazil is the Goliath of orange juice, producing half of the juice in the world, says Quartz, so a worldwide slowdown in consumption is a big problem. Orange production is down sharply to 242 million boxes last year, compared to 400 million in 2014.

JBS chairman Joesley Batista and chief executive Wesley Batista resigned from senior posts "in a corruption scandal that threatens to topple Brazil's president Michel Temer," said Reuters. The brothers, who own the world's largest meat producer, which has operations in the United States, admitted to paying $150 million, mostly in bribes, to nearly 2,000 politicians in Brazil, including its past three presidents, said the Wall Street Journal.

Last August, Brazil said it would remove barriers to U.S. beef that were imposed in 2003 to prevent mad cow disease. Nine months later, the first shipment of fresh U.S. beef has cleared customs for sale to Brazilian consumers.

A surge in corn production in Brazil and Argentina will power the world to a record harvest in 2017/18, said the UN Food and Agriculture Organization in forecasting bin-busting output of cereal crops in the upcoming season. "Combined with prospects of relatively weak growth in utilization, another large output is set to keep world cereal stocks at near-record level."

Brazil's environmental regulator says that meatpacking giant JBS "for years knowingly bought cattle that were raised on illegally deforested land," says Reuters. JBS denied the allegation, which comes at the same time the Brazilian meat industry is reeling from a meat-inspection scandal.

Ending a visit prompted by a meat-inspection scandal, the EU food safety commissioner said Brazil's meat inspection system "must be independent and not under the influence of politicians and other actors," reported Reuters. EU commissioner Vytenis Andriukaitis told the wire service that EU restrictions and stepped-up checks of meat from Brazil may not be removed in the near term.

The largest meatpacker in the world, JBS, has suspended operations at 33 of its 36 plants in Brazil "amid the corruption scandal that has caused some of the country's biggest export markets to ban Brazilian meats," said Reuters. A police investigation says meat inspectors accepted bribes to allow sales of low-quality meat, or did not inspect plants at all; the Agriculture Ministry says only a couple of dozen plants were targeted.

With the safety of Brazilian beef in question in a meat-inspection scandal, the USDA said it will re-inspect and test fall shipments of beef from the South American country for pathogens. The USDA said none of the 21 facilities targeted by Brazilian police have shipped meat to the United States.

With a scandal clouding Brazil's meatpackers, Montana Sen. Jon Tester announced legislation for a 120-day ban on U.S. imports of meat from the South American country. The ban will give USDA "time to comprehensively investigate food safety threats and to determine which Brazilian beef sources put American consumers at risk," said Tester's office.

Brazil is the world's largest red meat and poultry exporter, but it is losing customers in a scandal over allegations that meatpackers have sold unsafe products for years, said the BBC. Four markets — China, the EU, South Korea and Chile — that account for nearly one-third of meat exports "have now announced restrictions on Brazilian meat."

Nearly 2 million acres — 3,100 square miles — of forested land were cleared for agriculture in the Brazilian Amazon in the year ending July 2016, while Bolivia has cut down 865,000 acres, equal to 1,351 square miles, annually, says The New York Times. "A decade after the 'Save the Rainforest' movement forced changes that dramatically slowed deforestation across the Amazon basin, activity is roaring back in some of the biggest expanses of forests in the world," said the newspaper.

The perennial No. 2 soybean grower in the world, Brazil, is headed for a record crop this year thanks to larger plantings and beneficial growing conditions, reported Agrimoney. The national crop agency Conab forecast a harvest of 103.8 million tonnes, up nearly 9 percent from last year but still trailing the world leader, the United States.

The global stockpile of coffee is headed for a five-year low, at less than a three-month supply, thanks to record demand that has driven up coffee prices 31 percent since the start of the year, says a semi-annual USDA forecast. "Global consumption is forecast at a record 153.3 million bags," each weighing 60 kg, says USDA's Foreign Agricultural Service.

Hawaii’s sugar workers are packing up the state’s final harvest and waving goodbye to an industry that was once king, says NPR. Mechanization in mills on the mainland, competition from Brazil, and rising labor costs have crippled Hawaiian sugar. Now only one mill remains, and when it shuts down at the end of the year, 675 workers will lose their jobs.

A late-season drought slashed Brazilian corn production 20 percent earlier this year, but the USDA's early forecast is for a startling rebound for 2016/17, with a record crop of 86.5 million tonnes within reach.

U.S. corn exports are climbing for the third year in a row and will be the fourth largest on record this trade year, thanks to the mammoth crop now being harvested and falling market prices, said the Agriculture Department on Thursday. The 15.2 billion-bushel crop would be just a hair smaller than the record set last year.