Brazil: Oilseeds and Products Update

Post increased its 2016/17 production forecast to 102 million metric tons (mmt), a record. Favorable weather in most parts of the country is helping the progress of the crop. Post also increased its export forecast to 58 mmt, a record, for the 2016/17 marketing year as a result of higher exportable supplies and strong demand by China. 

Brazil: Oilseeds and Products Update