Brazil: Oilseeds and Products Update

  |   Attaché Report (GAIN)

In 2019/20, Brazil is forecast to reap a record soybean cop of 124.5 million metric tons (mmt). Post raised slightly the forecast for planted area by 100 thousand hectares to 36.9 million ha. The increase is based on marginal gains across several states. Post raised the production forecast by one mmt based on better than initially expected yields in Mato Grosso, and improved productivity expectations in Rio Grande do Sul and the Northeast. Soybean exports are forecast at 75 mmt for 2019/20, up from 2018/19 estimate of 74 mmt. Post maintains the crush forecast of 44 mmt for 2019/20, driven by the domestic demand for soy oil. Soy oil exports are forecast to level off dramatically as industry ramps up biodiesel blending rates to meet the government mandate. 

Brazil: Oilseeds and Products Update

Related Reports

Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Thailand: Grain and Feed Monthly

Thai export rice prices experienced downward pressure and then slightly recovered after Songkran holidays, reflecting tariff changes and adjustments in the global rice market.