Brazil: Grain and Feed Update

2016/2017 corn production is estimated at a record 97.7 million metric tons (mmt), a 46 percent increase from the previous year, based on expanded area and improved yields. Brazil’s record corn production is expected to lead to record exports, estimated at 35 mmt in 2016/2017, more than double last year’s export volume. 2016/2017 milled rice production is estimated at 8.4 mmt, up 16.5 percent from the previous year on higher yields. 2017/2018 wheat production is estimated at 5.15 mmt, down 23 percent from the previous record year due to dry conditions and a mid-season frost. 

Brazil: Grain and Feed Update