Brazil: Grain and Feed Update

2017/2018 corn production is forecast lower at 92 million metric tons (MMT), mainly due to reduced area for first- and second-crop corn and an expected return to normal yields. 2016/2017 milled rice production is estimated at 8.4 MMT, up 16.5 percent from the previous year on higher yields, even though total rice area continues to shrink in Brazil. 2017/2018 wheat production is decreased to 4.3 MMT, down sharply from the previous estimate to reflect larger-than-expected losses from drought and frost conditions during critical development stages of the crop.

Brazil: Grain and Feed Update