Brazil: Grain and Feed Update
2014/2015 wheat production is estimated at 6.5 million metric tons (mmt), up 18 percent from the previous year due to an 18 percent increase in area based on higher prices at planting. 2014/2015 corn production is estimated at a record 82 mmt, due to an extended rainy season and near perfect weather conditions for the second “safrinha” crop for the fourth year in a row. 2014/2015 rice production is estimated at 8.5 mmt, a 2 percent increase from the previous year due to better than expected weather during the final growing cycle.
