Brazil: Grain and Feed Update

2014/2015 wheat production is forecast at a record 7.5 mmt, up 30 percent from the previous year. Low global corn prices are expected to reduce 2013/2014 corn exports to 17.5 mmt, a 30 percent drop from last year’s record. 2013/2014 rice production is estimated to increase 3 percent to 8.3 mmt.

Brazil: Grain and Feed Update